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

Reid K. Hastie,Robyn M. Dawes

Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making
Format
Paperback
Publisher
SAGE Publications Inc
Country
United States
Published
17 November 2009
Pages
392
ISBN
9781412959032

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

Reid K. Hastie,Robyn M. Dawes

In the second edition of Rational Choice in an Uncertain World , the authors compare the basic principles of rationality with actual behavior 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); and, expansion of the graphics for decision trees, probability trees, and Venn diagrams.

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