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Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making [Paperback]

Reid Hastie , Robyn M. Dawes
5.0 out of 5 stars  See all reviews (1 customer review)
RRP: 49.99
Price: 43.09 & FREE Delivery in the UK. Details
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Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making
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Book Description

28 Jan 2010 1412959039 978-1412959032 Second Edition
In the Second Edition of Rational Choice in an Uncertain World the authors compare the basic principles of rationality with actual behaviour in making decisions. They describe theories and research findings from the field of judgment and decision making in a non-technical manner, using anecdotes as a teaching device. Intended as an introductory textbook for advanced undergraduate and graduate students, the material not only is of scholarly interest but is practical as well.

The Second Edition includes:

- more coverage on the role of emotions, happiness, and general well-being in decisions

- a summary of the new research on the neuroscience of decision processes

- more discussion of the adaptive value of (non-rational heuristics)

- expansion of the graphics for decision trees, probability trees, and Venn diagrams.


Frequently Bought Together

Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making + Gut Feelings: Short Cuts to Better Decision Making + Thinking, Fast and Slow
Price For All Three: 58.07

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Product details

  • Paperback: 392 pages
  • Publisher: SAGE Publications, Inc; Second Edition edition (28 Jan 2010)
  • Language: English
  • ISBN-10: 1412959039
  • ISBN-13: 978-1412959032
  • Product Dimensions: 1.8 x 14.8 x 22.3 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 488,707 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Review

"Concise text that resonates with students." (Eric J. Michel 2009-08-03) --This text refers to an out of print or unavailable edition of this title.

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Front Cover | Copyright | Table of Contents | Excerpt | Index
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5.0 out of 5 stars Excellent Read 26 April 2014
Format:Kindle Edition|Verified Purchase
Punchy, and concise, but full of good research and analysis for the cognitive psychologist and behavioural economist. A must buy.
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Amazon.com: 4.3 out of 5 stars  19 reviews
25 of 26 people found the following review helpful
4.0 out of 5 stars An interesting read 14 Jan 2003
By "phoenix830" - Published on Amazon.com
Format:Paperback
I read this book as part of a college course on cognition. It was defintely the most interesting of the 3 books we read in this class.
The book effectively teaches you how to go about making well-thought-out decisions. The text in itself is easy to read and comprehend. There are also many apt examples, both abstract and from everyday life. This combination ensures a successful reading of this book.
While I would have probably never read this book if not for the class I took, I'm glad I did and would recommend this people from all walks of life. Being able to make a good, well-thought-out, rational decision is the best skill one can have.
18 of 18 people found the following review helpful
5.0 out of 5 stars A must for all Decision Analysis Consultants 5 Nov 2001
By "cagrier" - Published on Amazon.com
Format:Paperback
As a management consultant working with clients to make higher quality decisions, I have made many observations of how people (especially executives and groups) make business decisions. But observing how they make decisions is different than "why" they decide what they decide. This book provides so much insight into the "why" it is definitely worth the reading. While the book is very valuable on the "why" it is a little dated on state of the art analytic decision techniques. But with that said, I would highly recommend this book to any consultant (OE, OD, DA, etc.) working with individuals or groups where decisions are being made.
15 of 15 people found the following review helpful
5.0 out of 5 stars A great update to a classic 27 July 2002
By A Customer - Published on Amazon.com
Format:Paperback
The addition of Reid Hastie as an author to Robyn Dawes' classic text on judgment and decision making was superb choice. This edition appears to be written very much in Hastie's voice, from the perspective of a cognitive psychologist. Moreover, we find additional attention paid to algebraic models, which was something that was missing from previous editions. Hastie and Dawes ranks as one of the essential readings for the judgment and decision-making field.
13 of 15 people found the following review helpful
5.0 out of 5 stars Helps you understand decisions -- and life, too 12 Aug 2002
By Dr. Cathy Goodwin - Published on Amazon.com
Format:Paperback
The authors emphasize that decision-making is a skill that can be learned and improved. As I work with career changers, I have become convinced that most of us have not learned this skill, and most of us could benefit from a careful reading of this book.
Hastie and Dawes present results of scientific psychological research, using language that is easy for the ordinary person to understand. Their examples come from everyday life and news stories: Chernobyl, the "hot hand" theory of basketball, mammography.
I would also recommend this book to any students of psychology, including those entering graduate school in social psychology, marketing or management. Hastie and Dawes demonstrate that academic studies needn't be dry, but in fact yield fascinating conclusions that are widely relevant. At the same time, they show the way researchers think and introduce the notion of probability in a way that makes readers want to learn more.
4 of 4 people found the following review helpful
4.0 out of 5 stars What started as a required read became a favorite. 12 Mar 2010
By Amazon Customer - Published on Amazon.com
Format:Paperback|Verified Purchase
For my graduate course in Judgment and Decision Making this was one of our texts - and I have to say I appreciate that very much. I won't be selling this one back - and in fact have already started to work on my own decision making processes using the principles my class and this text have taught me. The authors did their best to make it concise enough to easily absorb - which in my case allows me the time to learn more about the topic from current research - which I appreciate. This is a readable guide if you want it to be - it has the same issues as many texts (they use different terms for things than other researchers do, etc.) but that's normal. I would recommend this one if you really want to understand the science behind your mind.
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