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(Ebook) Escaping from Bad Decisions: A Behavioral Decision-Theoretic Perspective (Perspectives in Behavioral Economics and the Economics of Behavior) by Kazuhisa Takemura ISBN 9780128160329, 0128160322

  • SKU: EBN-34593224
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Instant download (eBook) Escaping from Bad Decisions: A Behavioral Decision-Theoretic Perspective (Perspectives in Behavioral Economics and the Economics of Behavior) after payment.
Authors:Kazuhisa Takemura
Pages:542 pages.
Year:2021
Editon:1
Publisher:Academic Press
Language:english
File Size:11.06 MB
Format:pdf
ISBNS:9780128160329, 0128160322
Categories: Ebooks

Product desciption

(Ebook) Escaping from Bad Decisions: A Behavioral Decision-Theoretic Perspective (Perspectives in Behavioral Economics and the Economics of Behavior) by Kazuhisa Takemura ISBN 9780128160329, 0128160322

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.

*Free conversion of into popular formats such as PDF, DOCX, DOC, AZW, EPUB, and MOBI after payment.

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