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Judgment and Decision Making - Neo-brunswikian and Process-tracing Approaches (Paperback)
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Judgment and Decision Making - Neo-brunswikian and Process-tracing Approaches (Paperback)
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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.
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