Escaping from Bad Decisions

This book PDF is perfect for those who love Business & Economics genre, written by Kazuhisa Takemura and published by Academic Press which was released on 27 July 2021 with total hardcover pages 542. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Escaping from Bad Decisions books below.

Escaping from Bad Decisions
Author : Kazuhisa Takemura
File Size : 50,5 Mb
Publisher : Academic Press
Language : English
Release Date : 27 July 2021
ISBN : 9780128160336
Pages : 542 pages
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Escaping from Bad Decisions by Kazuhisa Takemura Book PDF Summary

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. 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

Escaping from Bad Decisions

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

Get Book
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