Takemura Kazuhisa (Professor Of Psychology And Economics And Director Center For Decision Research Waseda University Japan)
Takemura Kazuhisa (Professor Of Psychology And Economics And Director Center For Decision Research Waseda University Japan) - Escaping From Bad Decisions A Behavioral Decision - Theoretic Perspective - Paperback
Takemura Kazuhisa (Professor Of Psychology And Economics And Director Center For Decision Research Waseda University Japan) - Escaping From Bad Decisions A Behavioral Decision - Theoretic Perspective - Paperback
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Binding: Paperback
Description: Escaping from Bad Decisions presents a modern conceptual and mathematical framework of the decision - making process. By interpreting ordinal utility theory as normative analysis examined in view of rationality it shows how decision - making under certainty risk and uncertainty can be better understood. It provides a critical examination of psychological models in multi - attribute decision - making and evaluates the constitutive elements of "good" and "bad" decisions. Multi - attribute decision - making is analysed descriptively based on the psychological model of decision - making and computer simulations of decision strategies. Finally prescriptive examinations of multi - attribute decision - making are performed supporting the argument that decision - making from a pluralistic perspective creates results that can help "escape" from bad decisions. This book will be of particular interest to graduate students and early career researchers in economics decision - theory behavioral economics experimental economics psychology cognitive sciences and decision neurosciences.
Title: Escaping From Bad Decisions A Behavioral Decision - Theoretic Perspective
Author(s): Takemura Kazuhisa (Professor Of Psychology And Economics And Director Center For Decision Research Waseda University Japan)
Publisher: Elsevier Science Publishing Co Inc
Barcode: 9780128160329
Pages: 542 Pages
Publication Date: 7/30/2021
Series: Perspectives in Behavioral Economics and the Economics of Behavior
Category: Microeconomics
Description: Escaping from Bad Decisions presents a modern conceptual and mathematical framework of the decision - making process. By interpreting ordinal utility theory as normative analysis examined in view of rationality it shows how decision - making under certainty risk and uncertainty can be better understood. It provides a critical examination of psychological models in multi - attribute decision - making and evaluates the constitutive elements of "good" and "bad" decisions. Multi - attribute decision - making is analysed descriptively based on the psychological model of decision - making and computer simulations of decision strategies. Finally prescriptive examinations of multi - attribute decision - making are performed supporting the argument that decision - making from a pluralistic perspective creates results that can help "escape" from bad decisions. This book will be of particular interest to graduate students and early career researchers in economics decision - theory behavioral economics experimental economics psychology cognitive sciences and decision neurosciences.
Title: Escaping From Bad Decisions A Behavioral Decision - Theoretic Perspective
Author(s): Takemura Kazuhisa (Professor Of Psychology And Economics And Director Center For Decision Research Waseda University Japan)
Publisher: Elsevier Science Publishing Co Inc
Barcode: 9780128160329
Pages: 542 Pages
Publication Date: 7/30/2021
Series: Perspectives in Behavioral Economics and the Economics of Behavior
Category: Microeconomics
