| Autor: | Takemura, Kazuhisa (Professor of Psychology and Economics, and Director, Center for Decision Research, Waseda University, Japan) |
|---|---|
| EAN: | 9780128160329 |
| Sachgruppe: | Wirtschaft |
| Sprache: | Englisch |
| Seitenzahl: | 542 |
| Produktart: | Kartoniert / Broschiert |
| Veröffentlichungsdatum: | 30.07.2021 |
| Untertitel: | A Behavioral Decision-Theoretic Perspective |
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"Escaping from Bad Decisions: A Behavioral Decision-Theoretic Perspective presents a modern conceptual and mathematical framework of the decision-making process. This framework explains how decision-making under certainty, risk, and uncertainty can be better understood and theoretically explained, and provides a critical examination of psychological models in multi-attribute decision-making. It 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"--