Behavioral Decision Making
| Author | : George Wright |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 570 |
| Release | : 2013-03-11 |
| Genre | : Psychology |
| ISBN | : 1461323916 |
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Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Behavioral Decision Making PDF full book. Access full book title Behavioral Decision Making.
Behavioral Decision Theory
| Author | : Kazuhisa Takemura |
| Publisher | : Springer Nature |
| Total Pages | : 389 |
| Release | : 2021-09-29 |
| Genre | : Business & Economics |
| ISBN | : 9811654530 |
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This book is the second edition of Behavioral Decision Theory, published in 2014. The main approach and structure of this book have been retained in the new edition. However, this second edition provides a fresh overview of the idea of behavioral decision theory and related research findings such as theoretical and empirical discoveries of preference formation, time discounting, social interaction, and social decision making. The book covers a wide range from classical to relatively recent major studies concerning behavioral decision theory, which, in brief, is a general term for descriptive theories to explain the psychological knowledge related to people’s decision-making behavior. It is called a theory but is actually a combination of various psychological theories, for which no axiomatic systems—such as those associated with the utility theory widely used in economics—have been established. The utility theory is often limited to qualitative knowledge; however, as the studies of Nobel laureates H. A. Simon, D. Kahneman, and R. Thaler have suggested, the psychological methodology and knowledge of behavioral decision theory have been applied widely in such fields as economics, business administration, and engineering and are expected to become even more useful in the future. Research into people’s decision making represents an important part in those fields, various aspects of which overlap with the scope of behavioral decision theory. This theory is closely related to behavioral economics and behavioral finance, which have come into greater use in recent years. This book will appeal especially to graduate students, advanced undergraduate students, and researchers who are interested in decision-making phenomena.
Behavioral Decision Theory
| Author | : E. C. Poulton |
| Publisher | : Cambridge University Press |
| Total Pages | : 333 |
| Release | : 1994-09-30 |
| Genre | : Mathematics |
| ISBN | : 0521443687 |
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The book describes the errors that people commonly make in dealing with probabilities. They include both the errors that are now well recognised like overconfidence, and the errors that investigators may themselves introduce without realising it.
Handbook of Behavioural Economics and Smart Decision-Making
| Author | : Morris Altman |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 607 |
| Release | : 2017-05-26 |
| Genre | : Business & Economics |
| ISBN | : 1782549595 |
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This Handbook is a unique and original contribution of over thirty chapters on behavioural economics, examining and addressing an important stream of research where the starting assumption is that decision-makers are for the most part relatively smart or rational. This particular approach is in contrast to a theme running through much contemporary work where individuals’ behaviour is deemed irrational, biased, and error-prone, often due to how people are hardwired. In the smart people approach, where errors or biases occur and when social dilemmas arise, more often than not, improving the decision-making environment can repair these problems without hijacking or manipulating the preferences of decision-makers. This book covers a wide-range of themes from micro to macro, including various sub-disciplines within economics such as economic psychology, heuristics, fast and slow-thinking, neuroeconomics, experiments, the capabilities approach, institutional economics, methodology, nudging, ethics, and public policy.
Neuroeconomic and Behavioral Aspects of Decision Making
| Author | : Kesra Nermend |
| Publisher | : Springer |
| Total Pages | : 409 |
| Release | : 2017-10-06 |
| Genre | : Business & Economics |
| ISBN | : 3319629387 |
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This proceedings volume presents the latest scientific research and trends in experimental economics, with particular focus on neuroeconomics. Derived from the 2016 Computational Methods in Experimental Economics (CMEE) conference held in Szczecin, Poland, this book features research and analysis of novel computational methods in neuroeconomics. Neuroeconomics is an interdisciplinary field that combines neuroscience, psychology and economics to build a comprehensive theory of decision making. At its core, neuroeconomics analyzes the decision-making process not only in terms of external conditions or psychological aspects, but also from the neuronal point of view by examining the cerebral conditions of decision making. The application of IT enhances the possibilities of conducting such analyses. Such studies are now performed by software that provides interaction among all the participants and possibilities to register their reactions more accurately. This book examines some of these applications and methods. Featuring contributions on both theory and application, this book is of interest to researchers, students, academics and professionals interested in experimental economics, neuroeconomics and behavioral economics.
Decision Making for Student Success
| Author | : Benjamin L. Castleman |
| Publisher | : Routledge |
| Total Pages | : 192 |
| Release | : 2015-03-12 |
| Genre | : Education |
| ISBN | : 1317664930 |
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Each year, many students with affordable college options and the academic skills needed to succeed do not enroll at all, enroll at institutions where they are not well-positioned for success, or drop out of college before earning a credential. Efforts to address these challenges have included changes in financial aid policy, increased availability of information, and enhanced academic support. This volume argues that the efficacy of these strategies can be improved by taking account of contemporary research on how students make choices. In Decision Making for Student Success, scholars from the fields of behavioral economics, education, and public policy explore contemporary research on decision-making and highlight behavioral insights that can improve postsecondary access and success. This exciting volume will provide scholars, researchers, and higher education administrators with valuable perspectives and low-cost strategies that they can employ to improve outcomes for underserved populations.
How to Decide
| Author | : Annie Duke |
| Publisher | : Penguin |
| Total Pages | : 290 |
| Release | : 2020-10-13 |
| Genre | : Business & Economics |
| ISBN | : 0593418484 |
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Through a blend of compelling exercises, illustrations, and stories, the bestselling author of Thinking in Bets will train you to combat your own biases, address your weaknesses, and help you become a better and more confident decision-maker. What do you do when you're faced with a big decision? If you're like most people, you probably make a pro and con list, spend a lot of time obsessing about decisions that didn't work out, get caught in analysis paralysis, endlessly seek other people's opinions to find just that little bit of extra information that might make you sure, and finally go with your gut. What if there was a better way to make quality decisions so you can think clearly, feel more confident, second-guess yourself less, and ultimately be more decisive and be more productive? Making good decisions doesn't have to be a series of endless guesswork. Rather, it's a teachable skill that anyone can sharpen. In How to Decide, bestselling author Annie Duke and former professional poker player lays out a series of tools anyone can use to make better decisions. You'll learn: • To identify and dismantle hidden biases. • To extract the highest quality feedback from those whose advice you seek. • To more accurately identify the influence of luck in the outcome of your decisions. • When to decide fast, when to decide slow, and when to decide in advance. • To make decisions that more effectively help you to realize your goals and live your values. Through interactive exercises and engaging thought experiments, this book helps you analyze key decisions you've made in the past and troubleshoot those you're making in the future. Whether you're picking investments, evaluating a job offer, or trying to figure out your romantic life, How to Decide is the key to happier outcomes and fewer regrets.
Behavioral Law and Economics
| Author | : Cass R. Sunstein |
| Publisher | : Cambridge University Press |
| Total Pages | : 452 |
| Release | : 2000-03-28 |
| Genre | : Business & Economics |
| ISBN | : 9780521667432 |
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Analyzes law with reference to new findings in cognitive psychology and behavioral economics.
Real-World Decision Making
| Author | : Morris Altman |
| Publisher | : Bloomsbury Publishing USA |
| Total Pages | : 690 |
| Release | : 2015-06-23 |
| Genre | : Business & Economics |
| ISBN | : |
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The first and only encyclopedia to focus on the economic and financial behaviors of consumers, investors, and organizations, including an exploration of how people make good—and bad—economic decisions. Traditional economic theories speculate how and when people should spend money. But consumers don't always behave as expected and often adopt strategies that might appear unorthodox yet are, at times, more effective than the rule prescribed by conventional wisdom. This groundbreaking text examines the ways in which people make financial decisions, whether it is because they are smart but atypical in their choices ... or just irrational decision makers. A leading authority on behavioral economics, Morris Altman and more than 150 expert contributors delve into key concepts in behavioral economics, economic psychology, behavioral finance, neuroeconomics, experimental economics, and institutional economics to help inform economic models based on reality, not theory. Through 250 informative entries, the book explores various aspects of the subject including decision making, economic analysis, and public policy. In addition to introducing concepts to readers new to the subject, the book sheds light on more advanced financial topics in a manner that is objective, comprehensive, and accessible.
Insights in Decision Making
| Author | : Robin M. Hogarth |
| Publisher | : University of Chicago Press |
| Total Pages | : 376 |
| Release | : 1990-04-18 |
| Genre | : Business & Economics |
| ISBN | : 9780226348551 |
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How do people make decisions? How can we help people make better decisions? How can we best study the processes of decision making? The growing field of behavioral decision research, which seeks to link observed decision behavior to underlying psychological mechanisms, may provide the answers to these questions. The volume is based on a recent conference held to honor the work and memory of the late Hillel J. Einhorn, a pioneering scholar in behavioral decision research. Composed of contributions by leading researchers, Insights in Decision Making provides a state-of-the-art image of work in this field. The range of topics covered includes conceptual and technical issues the bridge the gap between theory and the practical concern of improving decision making, difficulties in statistical thinking, experimental studies of processes of judgment and choice, and the emergence of new paradigms for studying decision behavior. Providing many avenues for future research, Insights in Decision Making will be essential reading for students of the psychology of decision making and will prove valuable to readers in psychology, economics, statistics, and management.
