Description
| Product ID: | 9780128160329 |
| Product Form: | Paperback / softback |
| Country of Manufacture: | NL |
| Series: | Perspectives in Behavioral Economics and the Economics of Behavior |
| Title: | Escaping from Bad Decisions |
| Subtitle: | A Behavioral Decision-Theoretic Perspective |
| Authors: | Author: Kazuhisa Takemura |
| Page Count: | 542 |
| Subjects: | Microeconomics, Microeconomics |
| Description: | Select Guide Rating 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. |
| Imprint Name: | Academic Press Inc |
| Publisher Name: | Elsevier Science Publishing Co Inc |
| Country of Publication: | GB |
| Publishing Date: | 2021-07-30 |
