Judgment and Decision Making

ISBN 10: 1138003271 / ISBN 13: 9781138003279

Published by Taylor & Francis Group, 2015

About this Item

pp. 352.

Seller Inventory # 2697853646

Bibliographic Details

• Title: Judgment and Decision Making
• Publisher: Taylor & Francis Group
• Publication Date: 2015
• Language: English
• ISBN 10: 1138003271
• ISBN 13: 9781138003279
• Binding: Soft cover
• Condition: New

About this title

Synopsis

Research on human judgment and decision making has been strongly guided by a normative/descriptive approach, according to which human decision making is compared to the normative models provided by decision theory, statistics, and the probability calculus. A common empirical finding has been that human behavior deviates from the prescriptions by normative models--that judgments and decisions are subject to cognitive biases.

It is interesting to note that Swedish research on judgment and decision making made an early departure from this dominating mainstream tradition, albeit in two different ways. The Neo-Brunswikian research highlights the relationship between the laboratory task and the adaptation to a natural environment. The process-tracing approach attempts to identify the cognitive processes before, during, and after a decision. This volume summarizes current Swedish research on judgment and decision making, covering topics, such as dynamic decision making, confidence research, the search for dominance structures and differentiation, and social decision making.

About the Author

Peter Juslin, Henry Montgomery