Skip to content

Professor Johnnie Johnson Inaugural Lecture

Uncertainty makes the impossible, possible: Reflections on the opportunities that uncertainty offers

Johnnie Johnson
Public lectures

In this inaugural lecture, Johnnie will draw on the results of his research to explore three questions:

What important mistakes do most of us make when facing uncertainty? How can we better predict an uncertain future? What are the enormous gains we can make by handling uncertainty appropriately?

  • From: Monday 17 February 2020, 5 pm
  • To: Monday 17 February 2020, 7 pm
  • Location: Lecture Theatre 5, Newton Building, Burton Street, NG1 4BU
  • Booking deadline: Sunday 16 February 2020, 12.00 am
  • Download this event to your calendar

Past event

Event details

In this inaugural lecture, Johnnie will draw on the results of his research to explore three questions:

  1. What important mistakes do most of us make when facing uncertainty?
  2. How can we better predict an uncertain future?
  3. What are the enormous gains we can make by handling uncertainty appropriately?

Johnnie will illustrate how, in the face of uncertainty, we often make inappropriate use of information, rely on unreliable ‘facts’, inadequately account for combinations of risk, are over-whelmed by complexity, put too much confidence in the views of ‘experts’ and display too much confidence in our judgements.

He will demonstrate how a rational, analytical approach can help us handle uncertainty, enabling us to better predict the future. He will also give several examples from his work with a range of organisations, of the significant gains we can all make by embracing the opportunities uncertainty has to offer.

Johnnie Johnson, Nottingham Trent University

Johnnie Johnson is Professor of Decision and Risk Analysis at Nottingham Business School, and Emeritus Professor of Decision and Risk Analysis in Southampton Business School at the University of Southampton. He is also Vice-president of the Asia Pacific Association for Gambling Studies (APAGS). He acts as referee for many leading international journals and is on the Editorial Board of several journals such as the Journal of Behavioral Decision Making.

Prior to joining Nottingham Business School in 2019, Johnnie was Director of the Centre for Risk Research and Head of the Department of Management Science at the University of Southampton and a member of the International Institute of Forecasters, the European Association of Decision Making, European Association for the Study of Gambling, and the International Association for Research in Economic Psychology.

Johnnie read for his degree at the University of Manchester Institute of Science and Technology, where he was awarded a first-class degree in Mathematics and Management Science. He later embarked on an academic career as Lecturer in Management Science at the University of Nottingham. He then moved to the University of Southampton, where he was awarded his PhD and a personal chair in Decision and Risk Analysis.

Johnnie’s research focuses on analysing behaviour in speculative markets, including financial markets, prediction markets and betting markets. He is particularly interested in the manner in which individuals handle uncertainty and he employs a variety of econometric, statistical and machine learning models to analyse and improve decision making in these environments.

He has attracted research funding of over £3m and been involved in more than 50 research projects sponsored by Research Councils (such as the ESRC and EPSRC), and from a range of International Government bodies, and commercial organisations.  Johnnie is the author of two books, has contributed to a further 23 books, has published around 80 papers in leading international journals and has delivered more than 150 papers at international conferences.

Programme

5 pm Registration and welcome refreshments
5:30 pm Inaugural Lecture
6:30 pm Drinks reception
7 pm Close

Booking information

This event is free to attend. To book your place, click the Reserve your place button at the top of the page.

Location details

Address:

Lecture Theatre 5
Newton Building
Burton Street
NG1 4BU

Past event

Still need help?

+44 (0)115 941 8418