Escaping from Bad Decisions : A Behavioral Decision-Theoretic Perspective Paperback / softback
by Kazuhisa (Professor of Psychology and Economics, and Director, Center for Decision Researc Takemura
Part of the Perspectives in Behavioral Economics and the Economics of Behavior series
Paperback / softback
Description
Escaping from Bad Decisions presents a modern conceptual and mathematical framework of the decision-making process.
By interpreting ordinal utility theory as normative analysis examined in view of rationality, it shows how decision-making under certainty, risk, and uncertainty can be better understood.
It provides a critical examination of psychological models in multi-attribute decision-making, and evaluates the constitutive elements of "good" and "bad" decisions.
Multi-attribute decision-making is analysed descriptively, based on the psychological model of decision-making and computer simulations of decision strategies.
Finally, prescriptive examinations of multi-attribute decision-making are performed, supporting the argument that decision-making from a pluralistic perspective creates results that can help "escape" from bad decisions. This book will be of particular interest to graduate students and early career researchers in economics, decision-theory, behavioral economics, experimental economics, psychology, cognitive sciences, and decision neurosciences.
Information
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Only a few left - usually despatched within 24 hours
- Format:Paperback / softback
- Pages:542 pages
- Publisher:Elsevier Science Publishing Co Inc
- Publication Date:30/07/2021
- Category:
- ISBN:9780128160329
Information
-
Only a few left - usually despatched within 24 hours
- Format:Paperback / softback
- Pages:542 pages
- Publisher:Elsevier Science Publishing Co Inc
- Publication Date:30/07/2021
- Category:
- ISBN:9780128160329
