Decision Making

Decision Making
Author: David E. Bell
Publisher: Cambridge University Press
Total Pages: 348
Release: 1988-10-28
Genre: Business & Economics
ISBN: 9780521368513

Download Decision Making Book in PDF, Epub and Kindle

A compilation of different approaches--normative, descriptive,and prescriptive--develops this integrated analysis of decision-making that emphasizes the contributions of various disciplinary interests.

Judgment and Decision Making

Judgment and Decision Making
Author: Peter Juslin
Publisher: Psychology Press
Total Pages: 353
Release: 2007-09-26
Genre: Psychology
ISBN: 1135668736

Download Judgment and Decision Making Book in PDF, Epub and Kindle

Research on human judgment and decision making has been strongly guided by a normative/descriptive approach, according to which human decision making is compared to the normative models provided by decision theory, statistics, and the probability calculus. A common empirical finding has been that human behavior deviates from the prescriptions by normative models--that judgments and decisions are subject to cognitive biases. It is interesting to note that Swedish research on judgment and decision making made an early departure from this dominating mainstream tradition, albeit in two different ways. The Neo-Brunswikian research highlights the relationship between the laboratory task and the adaptation to a natural environment. The process-tracing approach attempts to identify the cognitive processes before, during, and after a decision. This volume summarizes current Swedish research on judgment and decision making, covering topics, such as dynamic decision making, confidence research, the search for dominance structures and differentiation, and social decision making.

Blackwell Handbook of Judgment and Decision Making

Blackwell Handbook of Judgment and Decision Making
Author: Derek J. Koehler
Publisher: John Wiley & Sons
Total Pages: 680
Release: 2008-04-15
Genre: Psychology
ISBN: 0470752912

Download Blackwell Handbook of Judgment and Decision Making Book in PDF, Epub and Kindle

The Blackwell Handbook of Judgment and Decision Making is a state-of-the art overview of current topics and research in the study of how people make evaluations, draw inferences, and make decisions under conditions of uncertainty and conflict. Contains contributions by experts from various disciplines that reflect current trends and controversies on judgment and decision making. Provides a glimpse at the many approaches that have been taken in the study of judgment and decision making and portrays the major findings in the field. Presents examinations of the broader roles of social, emotional, and cultural influences on decision making. Explores applications of judgment and decision making research to important problems in a variety of professional contexts, including finance, accounting, medicine, public policy, and the law.

Judgment and Decision Making

Judgment and Decision Making
Author: Terry Connolly
Publisher: Cambridge University Press
Total Pages: 814
Release: 2000
Genre: Education
ISBN: 9780521626026

Download Judgment and Decision Making Book in PDF, Epub and Kindle

This work examines issues such as medical diagnosis, weather forecasting, labour negotiations, risk, public policy, business strategy, eyewitnesses, and jury decisions. This is a revision of Arkes and Hammond's 1986 collection of papers on judgment and decision-making. Updated and extended, the focus of this volume is interdisciplinary and applied.

Judgment and Decision Making

Judgment and Decision Making
Author: Baruch Fischhoff
Publisher: Routledge
Total Pages: 405
Release: 2013-06-17
Genre: Science
ISBN: 1136497331

Download Judgment and Decision Making Book in PDF, Epub and Kindle

Behavioral decision research offers a distinctive approach to understanding and improving decision making. It combines theory and method from multiple disciples (psychology, economics, statistics, decision theory, management science). It employs both empirical methods, to study how decisions are actually made, and analytical ones, to study how decisions should be made and how consequential imperfections are. This book brings together key publications, selected to represent the major topics and approaches used in the field. Put in one place, with integrating commentary, it shows the common elements in a research program that represents the scope of the field, while offering depth in each. Together, they provide a vision for what has become a burgeoning field.

The Impact of Individual Expertise and Public Information on Group Decision-Making

The Impact of Individual Expertise and Public Information on Group Decision-Making
Author: Ulrich G. Strunz
Publisher: Springer Nature
Total Pages: 185
Release: 2021-07-04
Genre: Business & Economics
ISBN: 3658331399

Download The Impact of Individual Expertise and Public Information on Group Decision-Making Book in PDF, Epub and Kindle

In this open-access-book the author concludes that expertise could be the key factor for global and interconnected problems. Experimental results have shown that expertise was a stronger predictor than public information regarding change in behavior and strategy adaption. Identifying non-routine problem-solving experts by efficient online assessments could lead to less volatile system performance, from which all decision-makers could potentially profit.

Perspectives on Thinking, Judging and Decision Making

Perspectives on Thinking, Judging and Decision Making
Author: Karl Halvor Teigen
Publisher:
Total Pages: 296
Release: 2011
Genre: Decision making
ISBN: 9788215018782

Download Perspectives on Thinking, Judging and Decision Making Book in PDF, Epub and Kindle

This book gives insights into the most recent developments in research on judgement and decision-making. It contains contributions from some of the best-known experts in this broad field. The book is written for a wide audience and is of interest for anyone who wants to understand and improve his or her ability to make appropriate judgements and decisions. The different chapters cover a great variety of topics related to probability judgements and risk perception, cognitive and emotional processes underlying judgement, and the pragmatics of choice behaviour along with related aspects of social cognition. The different chapters, written by researchers from many countries and from different domains including psychology, linguistics, business administration and marketing, reflect the multi-disciplinary character of the book.

Handbook of the Economics of Risk and Uncertainty

Handbook of the Economics of Risk and Uncertainty
Author: Mark Machina
Publisher: Newnes
Total Pages: 897
Release: 2013-11-14
Genre: Business & Economics
ISBN: 0444536868

Download Handbook of the Economics of Risk and Uncertainty Book in PDF, Epub and Kindle

The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance Divides coverage between theoretical, empirical, and experimental findings Makes the economics of risk and uncertainty accessible to scholars in fields outside economics