Escaping from Bad Decisions
  • Release Date : 01 September 2019
  • Publisher : Academic Press
  • Categories : Business & Economics
  • Pages : 352 pages
  • ISBN 13 : 0128160322
  • ISBN 10 : 9780128160329
Score: 4
From 245 Ratings
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Synopsis : Escaping from Bad Decisions written by Kazuhisa Takemura, published by Academic Press which was released on 01 September 2019. Download Escaping from Bad Decisions Books now! Available in PDF, EPUB, Mobi Format. Escaping from Bad Decisions: A Behavioral Decision-Theoretic Perspective presents a modern, conceptual and mathematical framework that explains how decision-making under certainty, risk and uncertainty can be better understood and theoretically explained. In addition, the book provides a critical examination of psychological models in multi-attribute decision-making and evaluates and defines the constitutive elements of "good decisions" and "bad decisions." By defining ordinal utility theory relating to multi-attribute decision-making, this book re-interprets the rationality of multi-attribute decision-making based on Arrow's general possibility theorem. This book will be ideal for graduate students and early career researchers in economics, decision theory and cognitive science. Provides a comprehensive background to the phenomena of bad decisions, considered in their economic, psychological and cognitive aspects Reinterprets existing theories and phenomena and proposes a new overview of decision behaviors by integrating mathematical and psychological perspectives Adapts model-based techniques, such as mathematical model based functional magnetic resonance imaging (fMRI) using mathematical models of the decision process

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Publisher : National Academies Press
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