Judgment and Decision Making

1st Edition

Baruch Fischhoff

Routledge
Published December 13, 2011
Reference - 352 Pages - 20 B/W Illustrations
ISBN 9781849714457 - CAT# Y123001
Series: Earthscan Risk in Society

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Summary

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.

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