Mary-Anne Williams

Professor, Business School

University of New South Wales

research.unsw.edu.au/people/professor-mary-anne-williams

Short bio

Mary-Anne Williams is a leading AI scholar and innovator. She is a Professor at the Business School, University of New South Wales (UNSW Sydney), Australia, and founder of the UNSW Business AI Lab and the UTS Magic Lab. Her research spans AI, Human-AI interaction, AI agents, social robotics, decision theory, machine reasoning, and the foundations of rational choice, with a long-standing commitment to building transparent, trustworthy, and human-centred AI. Mary-Anne completed her PhD at the University of Sydney, where she began a lifelong intellectual partnership with the late Pavlos Peppas of the University of Patras. Their collaboration, spanning more than 30 years, was marked by deep scientific insight, enduring friendship, and strong family ties linking Australia and Greece. They completed their doctorates together, received their first major Australian Research Council grant together, celebrated their first rejected paper together, and went on to publish more than 30 papers across logic, belief revision, rational choice, AI theory and robotics. Their joint work has advanced formal models of reasoning and decision-making under uncertainty, helping shape foundational advances in AI.

Talk Title:  “Rationalizing the Observable Risky Choices of Agents”

with the late Pavlos Peppas University of Patras, Greece

We extend the theory of rational choice under risk to settings in which only partial or qualitative information about a decision maker’s preferences is observable. Building on the von Neumann–Morgenstern Utility Theorem, we distinguish between an agent’s underly- ing internal preferences over lotteries and the limited preference information available to an external observer. We treat partial preferences not as reflecting indecision or incompleteness on the part of the agent, but as informational constraints faced by the observer. Restricting attention to binary lotteries, we derive necessary and sufficient conditions under which an observer can rationalize an agent’s preferences with missing and/or purely qualitative information. We provide separate characterizations for environments in which probabilities are known and for those in which only ordinal comparisons of probabilities are available. A central component of our analysis is a novel result on product inequalities, which is of in- dependent mathematical interest and underpins our characterization of rationalizability with qualitative preference information. Our results resolve a standing open question and extend the theory of rational choice under risk to settings with partially observable preferences.