Judgment And Decision Making Under Uncertainty Descriptive Normative And Prescriptive Perspectives
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Judgment And Decision Making Under Uncertainty Descriptive Normative And Prescriptive Perspectives
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Author : David R. Mandel
language : en
Publisher: Frontiers Media SA
Release Date : 2019-09-26
Judgment And Decision Making Under Uncertainty Descriptive Normative And Prescriptive Perspectives written by David R. Mandel and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-26 with categories.
Decision Making
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Author : David E. Bell
language : en
Publisher: Cambridge University Press
Release Date : 1988-10-28
Decision Making written by David E. Bell 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 1988-10-28 with Business & Economics categories.
A compilation of different approaches--normative, descriptive,and prescriptive--develops this integrated analysis of decision-making that emphasizes the contributions of various disciplinary interests.
Judgment And Decision Making
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Author : Peter Juslin
language : en
Publisher: Psychology Press
Release Date : 2007-09-26
Judgment And Decision Making written by Peter Juslin and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-26 with Psychology categories.
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.
The Impact Of Individual Expertise And Public Information On Group Decision Making
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Author : Ulrich G. Strunz
language : en
Publisher: Springer Nature
Release Date : 2021-07-04
The Impact Of Individual Expertise And Public Information On Group Decision Making written by Ulrich G. Strunz and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-04 with Business & Economics categories.
In this open-access-book the author concludes that expertise could be the key factor for global and interconnected problems. Experimental results have shown that expertise was a stronger predictor than public information regarding change in behavior and strategy adaption. Identifying non-routine problem-solving experts by efficient online assessments could lead to less volatile system performance, from which all decision-makers could potentially profit.
Judgment And Decision Making
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Author : Baruch Fischhoff
language : en
Publisher: Routledge
Release Date : 2013-06-17
Judgment And Decision Making written by Baruch Fischhoff and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-17 with Science categories.
Behavioral decision research offers a distinctive approach to understanding and improving decision making. It combines theory and method from multiple disciples (psychology, economics, statistics, decision theory, management science). It employs both empirical methods, to study how decisions are actually made, and analytical ones, to study how decisions should be made and how consequential imperfections are. This book brings together key publications, selected to represent the major topics and approaches used in the field. Put in one place, with integrating commentary, it shows the common elements in a research program that represents the scope of the field, while offering depth in each. Together, they provide a vision for what has become a burgeoning field.
Profiting From Uncertainty
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Author : Paul Schoemaker
language : en
Publisher: Simon and Schuster
Release Date : 2012-12-25
Profiting From Uncertainty written by Paul Schoemaker and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-25 with Business & Economics categories.
What manager is not anxious about the future? We live in a white-knuckled age of rapid technological change and global instability. But uncertainty is not the enemy, says management expert Paul J. H. Schoemaker. It is where the greatest opportunities are. To unlock these opportunities, however, requires a very different approach to strategy and implementation. In this pioneering book, Dr. Schoemaker presents a systematic approach that combines concepts such as scenario planning, options thinking, and dynamic monitoring to create novel strategies for profiting from ambiguity. Building on his experience with more than one hundred consulting projects in fields ranging from health care to manufacturing, from utilities to financial services, Schoemaker shows how major corporations throughout the world have used his pathbreaking methodology to prepare for an uncertain future and profit from it. In this first comprehensive approach to the subject, Schoemaker shows the reader (1) how to develop and analyze multiple industry scenarios, (2) craft nimble strategies with just the right amount of flexibility, (3) implement them using an options approach, and (4) make real-time adjustments through dynamic monitoring. As a leading academic thinker and practitioner, the author draws on the frontiers of decision science, organization theory, strategy, and cognitive psychology to integrate the most practical contributions these various fields have made to navigating uncertainty. More than any other capability, skill in seizing initiatives in shifting, unpredictable circumstances is the key to success. Profiting from Uncertainty provides a road map to do just that. This book was first published in 2002, well ahead of the mega turmoil that befell the world in 2008 and beyond. The methods and tools described here have been used by many companies and are even more relevant today than when originally published. You can’t do without them.
Multicriteria And Multiobjective Models For Risk Reliability And Maintenance Decision Analysis
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Author : Adiel Teixeira de Almeida
language : en
Publisher: Springer
Release Date : 2015-07-01
Multicriteria And Multiobjective Models For Risk Reliability And Maintenance Decision Analysis written by Adiel Teixeira de Almeida and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-01 with Business & Economics categories.
This book integrates multiple criteria concepts and methods for problems within the Risk, Reliability and Maintenance (RRM) context. The concepts and foundations related to RRM are considered for this integration with multicriteria approaches. In the book, a general framework for building decision models is presented and this is illustrated in various chapters by discussing many different decision models related to the RRM context. The scope of the book is related to ways of how to integrate Applied Probability and Decision Making. In Applied Probability, this mainly includes: decision analysis and reliability theory, amongst other topics closely related to risk analysis and maintenance. In Decision Making, it includes a broad range of topics in MCDM (Multi-Criteria Decision Making) and MCDA (Multi-Criteria Decision Aiding; also known as Multi-Criteria Decision Analysis). In addition to decision analysis, some of the topics related to Mathematical Programming area are briefly considered, such as multiobjective optimization, since methods related to these topics have been applied to the context of RRM. The book addresses an innovative treatment for the decision making in RRM, thereby improving the integration of fundamental concepts from the areas of both RRM and decision making. This is accomplished by presenting an overview of the literature on decision making in RRM. Some pitfalls of decision models when applying them to RRM in practice are discussed and guidance on overcoming these drawbacks is offered. The procedure enables multicriteria models to be built for the RRM context, including guidance on choosing an appropriate multicriteria method for a particular problem faced in the RRM context. The book also includes many research advances in these topics. Most of the multicriteria decision models that are described are specific applications that have been influenced by this research and the advances in this field. Multicriteria and Multiobjective Models for Risk, Reliability and Maintenance Decision Analysis is implicitly structured in three parts, with 12 chapters. The first part deals with MCDM/A concepts methods and decision processes. The second part presents the main concepts and foundations of RRM. Finally the third part deals with specific decision problems in the RRM context approached with MCDM/A models.
Emerging Perspectives On Judgment And Decision Research
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Author : Sandra L. Schneider
language : en
Publisher: Cambridge University Press
Release Date : 2003-06-16
Emerging Perspectives On Judgment And Decision Research written by Sandra L. Schneider 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 2003-06-16 with Psychology categories.
Table of contents
Decision Making
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Author : David E. Bell
language : en
Publisher:
Release Date : 1988
Decision Making written by David E. Bell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.
Judgment And Decision Making
DOWNLOAD
FREE 30 Days
Author : Baruch Fischhoff
language : en
Publisher: Routledge
Release Date : 2013-06-17
Judgment And Decision Making written by Baruch Fischhoff and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-17 with Science categories.
Behavioral decision research offers a distinctive approach to understanding and improving decision making. It combines theory and method from multiple disciples (psychology, economics, statistics, decision theory, management science). It employs both empirical methods, to study how decisions are actually made, and analytical ones, to study how decisions should be made and how consequential imperfections are. This book brings together key publications, selected to represent the major topics and approaches used in the field. Put in one place, with integrating commentary, it shows the common elements in a research program that represents the scope of the field, while offering depth in each. Together, they provide a vision for what has become a burgeoning field.