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Rational Choice in an Uncertain World

2010 Business & Economics
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Release : 2010
Genre : Business & Economics
Kind : eBook
Book Rating : 039/5 ( reviews)

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Book Synopsis Rational Choice in an Uncertain World by : Reid Hastie

Download or read book Rational Choice in an Uncertain World written by Reid Hastie. This book was released on 2010. Available in PDF, EPUB and Kindle. Book excerpt: In the Second Edition of Rational Choice in an Uncertain World the authors compare the basic principles of rationality with actual behaviour in making decisions. They describe theories and research findings 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. The Second Edition includes: - more coverage on the role of emotions, happiness, and general well-being in decisions - a summary of the new research on the neuroscience of decision processes - more discussion of the adaptive value of (non-rational heuristics) - expansion of the graphics for decision trees, probability trees, and Venn diagrams.

Rational Choice in an Uncertain World

2001-04-13 Business & Economics
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Release : 2001-04-13
Genre : Business & Economics
Kind : eBook
Book Rating : 759/5 ( reviews)

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Book Synopsis Rational Choice in an Uncertain World by : Reid Hastie

Download or read book Rational Choice in an Uncertain World written by Reid Hastie. This book was released on 2001-04-13. Available in PDF, EPUB and Kindle. Book excerpt: First Edition, Winner of the prestigious William James Award from the American Psychological Association An understanding of the principles of rational decision making can help students improve the quality of their lives. Intended as an introductory textbook, the material in Rational Choice in an Uncertain World is not only of scholarly interest, but practical as well. Created specifically for courses on judgement and decision-making, this book makes research readily accessible to both undergraduate and graduate students. This Second Edition of the award-winning book, Rational Choice in an Uncertain World (1988) by Robyn M. Dawes, is sure to interest and enlighten students at all levels. This new edition features: · New student friendly chapter introductions as well as conclusions and cross-references between chapters. · Award-winning authors are respected professors with over 30 years of experience in the field. · Practical, everyday examples from such areas as finance, medicine, law, and engineering. · Comprehensive and up-to-date information keep this edition abreast of the changing ideas within the discipline · Additional discussion of the descriptive, psychological models of decision making to expand upon the original emphasis on normative, rational, `Expected Utility Theory′ models. Equipped with this knowledge and an understanding of the principles of rational decision making, both undergraduate and graduate students can help improve the quality of their choices and, thus, their life.

Rationality for Mortals

2010-04-16 Philosophy
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Release : 2010-04-16
Genre : Philosophy
Kind : eBook
Book Rating : 129/5 ( reviews)

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Book Synopsis Rationality for Mortals by : Gerd Gigerenzer

Download or read book Rationality for Mortals written by Gerd Gigerenzer. This book was released on 2010-04-16. Available in PDF, EPUB and Kindle. Book excerpt: Gerd Gigerenzer's influential work examines the rationality of individuals not from the perspective of logic or probability, but from the point of view of adaptation to the real world of human behavior and interaction with the environment. Seen from this perspective, human behavior is more rational than it might otherwise appear. This work is extremely influential and has spawned an entire research program. This volume (which follows on a previous collection, Adaptive Thinking, also published by OUP) collects his most recent articles, looking at how people use "fast and frugal heuristics" to calculate probability and risk and make decisions. It includes a newly writen, substantial introduction, and the articles have been revised and updated where appropriate. This volume should appeal, like the earlier volumes, to a broad mixture of cognitive psychologists, philosophers, economists, and others who study decision making.

Rationality in an Uncertain World

2009
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Release : 2009
Genre :
Kind : eBook
Book Rating : 355/5 ( reviews)

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Book Synopsis Rationality in an Uncertain World by : Gerhard Banse

Download or read book Rationality in an Uncertain World written by Gerhard Banse. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt:

Simply Rational

2015 Psychology
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Release : 2015
Genre : Psychology
Kind : eBook
Book Rating : 07X/5 ( reviews)

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Book Synopsis Simply Rational by : Gerd Gigerenzer

Download or read book Simply Rational written by Gerd Gigerenzer. This book was released on 2015. Available in PDF, EPUB and Kindle. Book excerpt: Statistical illiteracy can have an enormously negative impact on decision making. This volume of collected papers brings together applied and theoretical research on risks and decision making across the fields of medicine, psychology, and economics. Collectively, the essays demonstrate why the frame in which statistics are communicated is essential for broader understanding and sound decision making, and that understanding risks and uncertainty has wide-reaching implications for daily life. Gerd Gigerenzer provides a lucid review and catalog of concrete instances of heuristics, or rules of thumb, that people and animals rely on to make decisions under uncertainty, explaining why these are very often more rational than probability models. After a critical look at behavioral theories that do not model actual psychological processes, the book concludes with a call for a heuristic revolution that will enable us to understand the ecological rationality of both statistics and heuristics, and bring a dose of sanity to the study of rationality.

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