Escaping from Bad Decisions - A Behavioral Decision-Theoretic Perspective (Paperback)

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.

General

Imprint:	Academic Press Inc
Country of origin:	United States
Series:	Perspectives in Behavioral Economics and the Economics of Behavior
Release date:	July 2021
First published:	2022
Authors:	Kazuhisa Takemura
Dimensions:	229 x 152mm (L x W)
Format:	Paperback
Pages:	542
ISBN-13:	978-0-12-816032-9
Categories:	Books > Business & Economics > Economics > Microeconomics > General
LSN:	0-12-816032-2
Barcode:	9780128160329

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!