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Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making - 2nd edition

Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making (ISBN10: 1412959039; ISBN13: 9781412959032)
ISBN13: 978-1412959032
ISBN10: 1412959039

Summary: When faced with an important decision, we are often on our own to think through what we might do and what the probable consequences of out behaviors are. As we make these judgements, it is important that we be able to communicate precisely and fluently with one another. In Rational Choice in an Uncertain World, renowned authors Hastie and Dawes compare the basic principles of rationality with actual behavior in making decisions. They describe theories and research fi ...show morending from the field of judgment and decision making in a non-technical manner, using anecdotes as a teaching device. Intended as an introductory textbook for advanced undergraduate and graduate students, the material not only is of scholarly interest but is practical as well.

In this volume, you'll find:

* New, student-friendly chapter introductions and conclusions
* Practical, everyday examples from the fields of finance, medicine, law and engineering
* Comprehensive, up-to-date information keeping pace with changing ideas within the field

Additional discussion of the descriptive, psychological models of decision making to expand upon the original emphasis on normative, rational, expected utility models

...show less

Edition/Copyright: 2ND 10
Cover: Paperback
Publisher: Sage Publications, Inc.
Published: 11/17/2009
International: No

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