Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making (edit title)

Shelfari edited the description of Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making Tuesday, August 11 2009.

• When faced with an important decision, we are often on our own to think through what we might do and what the probable consequences of out behaviors are. As we make these judgments, it is important that we be able to communicate precisely and fluently with one another. In Rational Choice in an Uncertain World , renowned authors Hastie and Dawes compare the basic principles of rationality with actual behavior in making decisions. They describe theories and research finding 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. In this volume, you’ll find: New, student-friendly chapter introductions and conclusions Practical, everyday examples from the fields of finance, medicine, law and engineering Comprehensive, up-to-date information keeping pace with changing ideas within the field Additional discussion of the descriptive, psychological models of decision making to expand upon the original emphasis on normative, rational, expected utility models

Shelfari edited the contributors of Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making Thursday, July 23 2009.

• Added a contributor: Reid Hastie: (Primary Author)

Shelfari edited the first sentence of Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making Friday, July 17 2009.

• Humans evolved from ancestors hundreds of thousands of years ago who lived in small groups and spent most of their waking hours foraging for sustenance.