Decision Theory And Decision Behaviour
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Decision Theory And Decision Behaviour
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Author : A. Rapoport
language : en
Publisher: Springer
Release Date : 1998-01-27
Decision Theory And Decision Behaviour written by A. Rapoport and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-01-27 with Business & Economics categories.
The book treats two approaches to decision theory: (1) the normative, purporting to determine how a 'perfectly rational' actor ought to choose among available alternatives; (2) the descriptive, based on observations of how people actually choose in real life and in laboratory experiments. The mathematical tools used in the normative approach range from elementary algebra to matrix and differential equations. Sections on different levels can be studied independently. Special emphasis is made on 'offshoots' of both theories to cognitive psychology, theoretical biology, and philosophy.
Decision Theory And Decision Behaviour
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Author : Anatol Rapoport
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14
Decision Theory And Decision Behaviour written by Anatol Rapoport and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Business & Economics categories.
This book presents the content of a year's course in decision processes for third and fourth year students given at the University of Toronto. A principal theme of the book is the relationship between normative and descriptive decision theory. The distinction between the two approaches is not clear to everyone, yet it is of great importance. Normative decision theory addresses itself to the question of how people ought to make decisions in various types of situations, if they wish to be regarded (or to regard themselves) as 'rational'. Descriptive decision theory purports to describe how people actually make decisions in a variety of situations. Normative decision theory is much more formalized than descriptive theory. Especially in its advanced branches, normative theory makes use of mathematicallanguage, mode of discourse, and concepts. For this reason, the definitions of terms encountered in normative decision theory are precise, and its deductions are rigorous. Like the terms and assertions of other branches of mathematics, those of mathematically formalized decision theory need not refer to anything in the 'real', i. e. the observable, world. The terms and assertions can be interpreted in the context of models of real li fe situations, but the verisimilitude of the models is not important. They are meant to capture only the essentials of adecision situation, which in reallife may be obscured by complex details and ambiguities. It is these details and ambiguities, however, that may be crucial in determining the outcomes of the decisions.
Behavioural Decision Theory
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Author : George Wright
language : en
Publisher:
Release Date : 1984
Behavioural Decision Theory written by George Wright and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Decision-making categories.
Decision Behaviour Analysis And Support
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Author : Simon French
language : en
Publisher: Cambridge University Press
Release Date : 2009-07-30
Decision Behaviour Analysis And Support written by Simon French and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-30 with Business & Economics categories.
A multi-disciplinary exploration of how we can help decision makers to deliberate and make better decisions.
Decision Theory And Decision Behaviour
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Author : Anatol Rapoport
language : en
Publisher:
Release Date : 2014-01-15
Decision Theory And Decision Behaviour written by Anatol Rapoport and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-15 with categories.
Behavioral Decision Making
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Author : George Wright
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-11
Behavioral Decision Making written by George Wright and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-11 with Psychology categories.
Behavioral Decision Theory
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Author : Kazuhisa Takemura
language : en
Publisher: Springer Nature
Release Date : 2021-09-29
Behavioral Decision Theory written by Kazuhisa Takemura and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-29 with Business & Economics categories.
This book is the second edition of Behavioral Decision Theory, published in 2014. The main approach and structure of this book have been retained in the new edition. However, this second edition provides a fresh overview of the idea of behavioral decision theory and related research findings such as theoretical and empirical discoveries of preference formation, time discounting, social interaction, and social decision making. The book covers a wide range from classical to relatively recent major studies concerning behavioral decision theory, which, in brief, is a general term for descriptive theories to explain the psychological knowledge related to people’s decision-making behavior. It is called a theory but is actually a combination of various psychological theories, for which no axiomatic systems—such as those associated with the utility theory widely used in economics—have been established. The utility theory is often limited to qualitative knowledge; however, as the studies of Nobel laureates H. A. Simon, D. Kahneman, and R. Thaler have suggested, the psychological methodology and knowledge of behavioral decision theory have been applied widely in such fields as economics, business administration, and engineering and are expected to become even more useful in the future. Research into people’s decision making represents an important part in those fields, various aspects of which overlap with the scope of behavioral decision theory. This theory is closely related to behavioral economics and behavioral finance, which have come into greater use in recent years. This book will appeal especially to graduate students, advanced undergraduate students, and researchers who are interested in decision-making phenomena.
Cognitive Processes In Choice And Decision Behavior
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Author : Thomas S. Wallsten
language : en
Publisher: Taylor & Francis
Release Date : 2024-05-01
Cognitive Processes In Choice And Decision Behavior written by Thomas S. Wallsten and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-01 with Psychology categories.
Decision theory is a uniquely interdisciplinary field of study with contributions from economics, statistics, mathematics, philosophy, operations research, and psychology. The 1970s had seen important changes in research on behavioral decision theory in terms of a shift from a reliance on economic and statistical models to an emphasis on concepts drawn from cognitive psychology. Originally published in 1980, Cognitive Processes in Choice and Decision Behavior contains papers that explore the reasons why these changes had come about and discuss the future directions to which they pointed. It was clear at the time that research in behavioral decision theory was changing dramatically. The chapters in this book represent a good assessment of the reasons the changes were coming about and some of the merits and problems of the directions in which it was moving. Today it can be read in its historical context.
Decision Theory And Human Behavior
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Author : Wayne Lee
language : en
Publisher: John Wiley & Sons
Release Date : 1971
Decision Theory And Human Behavior written by Wayne Lee and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Decision-making categories.
Behavioral Decision Theory
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Author : George Wright
language : en
Publisher:
Release Date : 1984
Behavioral Decision Theory written by George Wright and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with categories.