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Understanding and Overcoming Biases in Judgment and Decision-Making With Real-Life Consequences

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Release : 2022-12-01
Genre : Science
Kind : eBook
Book Rating : 677/5 ( reviews)

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Book Synopsis Understanding and Overcoming Biases in Judgment and Decision-Making With Real-Life Consequences by : Yasmina Okan

Download or read book Understanding and Overcoming Biases in Judgment and Decision-Making With Real-Life Consequences written by Yasmina Okan. This book was released on 2022-12-01. Available in PDF, EPUB and Kindle. Book excerpt:

Judgment and Decision Making

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Release : 2013-06-17
Genre : Science
Kind : eBook
Book Rating : 331/5 ( reviews)

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Book Synopsis Judgment and Decision Making by : Baruch Fischhoff

Download or read book Judgment and Decision Making written by Baruch Fischhoff. This book was released on 2013-06-17. Available in PDF, EPUB and Kindle. Book excerpt: Behavioral decision research offers a distinctive approach to understanding and improving decision making. It combines theory and method from multiple disciples (psychology, economics, statistics, decision theory, management science). It employs both empirical methods, to study how decisions are actually made, and analytical ones, to study how decisions should be made and how consequential imperfections are. This book brings together key publications, selected to represent the major topics and approaches used in the field. Put in one place, with integrating commentary, it shows the common elements in a research program that represents the scope of the field, while offering depth in each. Together, they provide a vision for what has become a burgeoning field.

Psychology of Judgment and Decision Making - The Comprehensive Guide

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

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Book Synopsis Psychology of Judgment and Decision Making - The Comprehensive Guide by : VIRUTI SATYAN SHIVAN

Download or read book Psychology of Judgment and Decision Making - The Comprehensive Guide written by VIRUTI SATYAN SHIVAN. This book was released on . Available in PDF, EPUB and Kindle. Book excerpt: Dive deep into the complexities of the human psyche with "Psychology of Judgment and Decision Making - The Comprehensive Guide," your essential resource for understanding the intricate processes that guide how we make decisions and form judgments. This meticulously researched book presents an exhaustive exploration of cognitive biases, heuristics, risk perception, and the impact of emotions on decision-making. Through engaging explanations and real-world examples, readers will gain insights into the psychological mechanisms that influence their daily choices, from the mundane to the monumental. This guide aims to empower individuals with the knowledge to recognize and mitigate cognitive errors, leading to more rational, effective decision-making. For educators, students, professionals, and anyone keen to sharpen their critical thinking skills, this book serves as an invaluable tool. It synthesizes theories and findings from psychology, behavioral economics, and neuroscience, presenting them in a clear, accessible manner. While this comprehensive guide is rich in detail and analysis, it does not contain images or illustrations, adhering to copyright considerations. Instead, it focuses on delivering powerful insights and practical strategies to enhance judgment and decision-making capabilities. Whether you're looking to improve your personal life, boost professional decision-making, or deepen your understanding of human behavior, this book offers the knowledge and tools to transform your approach to making choices.

Thinking, Fast and Slow

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Release : 2011-10-25
Genre : Psychology
Kind : eBook
Book Rating : 350/5 ( reviews)

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Book Synopsis Thinking, Fast and Slow by : Daniel Kahneman

Download or read book Thinking, Fast and Slow written by Daniel Kahneman. This book was released on 2011-10-25. Available in PDF, EPUB and Kindle. Book excerpt: Major New York Times bestseller Winner of the National Academy of Sciences Best Book Award in 2012 Selected by the New York Times Book Review as one of the ten best books of 2011 A Globe and Mail Best Books of the Year 2011 Title One of The Economist's 2011 Books of the Year One of The Wall Street Journal's Best Nonfiction Books of the Year 2011 2013 Presidential Medal of Freedom Recipient Kahneman's work with Amos Tversky is the subject of Michael Lewis's The Undoing Project: A Friendship That Changed Our Minds In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.

Noise

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Release : 2021-05-18
Genre : Business & Economics
Kind : eBook
Book Rating : 38X/5 ( reviews)

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Book Synopsis Noise by : Daniel Kahneman

Download or read book Noise written by Daniel Kahneman. This book was released on 2021-05-18. Available in PDF, EPUB and Kindle. Book excerpt: From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, a revolutionary exploration of why people make bad judgments and how to make better ones—"a tour de force” (New York Times). Imagine that two doctors in the same city give different diagnoses to identical patients—or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants—or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical. In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions. Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.

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