Naive Decision Making
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Naive Decision Making
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Author : T. W. Körner
language : en
Publisher: Cambridge University Press
Release Date : 2008-10-16
Naive Decision Making written by T. W. Körner 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 2008-10-16 with Mathematics categories.
How should one choose the best restaurant to eat in? Can one really make money at gambling? Or predict the future? Naive Decision Making presents the mathematical basis for making decisions where the outcome may be uncertain or the interests of others have to taken into consideration. Professor Körner takes the reader on an enjoyable journey through many aspects of mathematical decision making, with pithy observations, anecdotes and quotations. Topics include probability, statistics, Arrow's theorem, Game Theory and Nash equilibrium. Readers will also gain a great deal of insight into mathematics in general and the role it can play within society. Intended for those with elementary calculus, this book is ideal as a supplementary text for undergraduate courses in probability, game theory and decision making. Engaging and intriguing, it will also appeal to all those of a mathematical mind. To aid understanding, many exercises are included, with solutions available online.
Naive Decision Making
DOWNLOAD
Author : T. W. Körner
language : en
Publisher: Cambridge University Press
Release Date : 2008-10-16
Naive Decision Making written by T. W. Körner 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 2008-10-16 with Mathematics categories.
How should one choose the best restaurant to eat in? Can one really make money at gambling? Or predict the future? Naive Decision Making presents the mathematical basis for making everyday decisions, which my often be based on very little or uncertain data. Professor Körner takes the reader on an enjoyable journey through many aspects of mathematical decision making, with relatable observations, anecdotes and quotations. Topics include probability, statistics, Arrow's theorem, Game Theory and Nash equilibrium. Readers will also gain a great deal of insight into mathematics in general and the role it can play within society. Suitable for those with elementary calculus, this book is ideal as a supplementary text for undergraduate courses in probability, game theory and decision making. Engaging and intriguing, it will also appeal to all those of a mathematical mind. To aid understanding, many exercises are included, with solutions available online.
Naive Decision Making
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Author : Thomas William Körner
language : en
Publisher:
Release Date : 2008
Naive Decision Making written by Thomas William Körner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Decision making categories.
How should one choose the best restaurant to eat in? Can one really make money at gambling? Or predict the future? Naive Decision Making presents the mathematical basis for making decisions where the outcome may be uncertain or the interests of others have to taken into consideration. Professor Körner takes the reader on an enjoyable journey through many aspects of mathematical decision making, with pithy observations, anecdotes and quotations. Topics include probability, statistics, Arrow's theorem, Game Theory and Nash equilibrium. Readers will also gain a great deal of insight into mathematics in general and the role it can play within society. Intended for those with elementary calculus, this book is ideal as a supplementary text for undergraduate courses in probability, game theory and decision making. Engaging and intriguing, it will also appeal to all those of a mathematical mind. To aid understanding, many exercises are included, with solutions available online.
Decision Making
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Author : Ray Crozier
language : en
Publisher: Routledge
Release Date : 2002-09-11
Decision Making written by Ray Crozier and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-11 with Business & Economics categories.
This book offers an exciting new collection of recent research on the actual processes that humans use when making decisions in their everyday lives and in business situations. The contributors use cognitive psychological techniques to break down the constituent processes and set them in their social context. The contributors are from many different countries and draw upon a wide range of techniques, making this book a valuable resource to cognitive psychologists in applied settings, economists and managers.
The Economics Of Self Destructive Choices
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Author : Shinsuke Ikeda
language : en
Publisher: Springer
Release Date : 2016-02-19
The Economics Of Self Destructive Choices written by Shinsuke Ikeda and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-19 with Business & Economics categories.
Based on recent advances in economics, especially those in behavioral economics, this book elucidates theoretically and empirically the mechanism of time-inconsistent decision making that leads to various forms of self-destructive behavior. The topics include over-eating and obesity, over-spending, over-borrowing, under-saving, procrastination, smoking, gambling, over-drinking, and other intemperate behaviors, all of which relate to serious social problems in advanced countries. In this book, the author attempts to construct a bridge between the basic theory of time discounting, especially as of hyperbolic discounting, and empirically observed “irrational (non-classical)” behavior in the various contexts just mentioned. The empirical validity of the theory is discussed using unique micro data as well as public macro data. The book proposes prescriptions for individual decision makers, whether sophisticated or naïve, to make better choices in self-control problems, and also provides policy makers with useful advice for influencing people’s decision making in the right directions. This work is recommended not only to general readers who seek to learn how to attain better self-regulation under self-control problems. It also helps researchers who seek an overview of positive and normative implications of hyperbolic discounting, and thereby reconstruct economic theory for a better understanding of actual human behavior and the resulting economic dynamics .
Rapid Decision Making On The Fire Ground
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Author : Gary A. Klein
language : en
Publisher:
Release Date : 1988
Rapid Decision Making On The Fire Ground written by Gary A. Klein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Decision making categories.
"The objective of this study was to examine the way in which decisions are made by highly proficient personnel, under conditions of extreme time pressure, and where the consequences of the decisions could affect lives and property. The domain of firefighting was selected, and the search focused on the decisions made by Fire Ground Commanders (FGCs) who are responsible for allocating personnel and resources at the scene of a fire. The method used included aspects of critical incident and protocol analysis paradigms. Interviews were conducted with 26 experienced fire fighters (mean amount of experience = 23 years). Each interview covered a critical incident that was non-routine and demanded expertise. In this way, the FGCs handled decision points without any need to consider more than one option. A Recognition Primed Decision (RPD) model was synthesized from these data, which emphasized the use of recognition rather than calculation or analysis for rapid decision making. (sdw)" -- Abstract.
Technical Report
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Author :
language : en
Publisher:
Release Date : 1979
Technical Report written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Military research categories.
Knowledge Elicitation Of Recognition Primed Decision Making
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Author : Gary A. Klein
language : en
Publisher:
Release Date : 1988
Knowledge Elicitation Of Recognition Primed Decision Making written by Gary A. Klein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Critical incident technique categories.
"A Critical Decision Method (CDM) has been developed for knowledge elicitation. The CDM, an extension of the critical incident technique, includes protocol analysis and memory recall tasks to study cognitive performance. A set of probes is employed to trace the development of situation assessment during critical incidents, and to determine the decision strategies used. The outputs of the method include inventories of the critical cues, graphic portrayals of the situation assessment process, and categorization of the decision strategies. Thus far, the method has been used with a variety of decisions and appears especially well suited to studying cognitive performance in naturalistic settings. It also appears valuable for addressing the highly skilled decision maker, and for eliciting the analytical and perceptual bases of proficient performance. Applications have been made for training, decision support systems, and the development and evaluation of knowledge based systems." -- Abstract.
Uncertain Decisions
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Author : Luigi Luini
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Uncertain Decisions written by Luigi Luini 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 2012-12-06 with Business & Economics categories.
Uncertain Decisions: Bridging Theory and Experiments presents advanced directions of thinking on decision theory - in particular the more recent contributions on non-expected utility theory, fuzzy decision theory and case-based theory. This work also provides theoretical insights on measures of risk aversion and on new problems for general equilibrium analysis. It analyzes how the thinking that underlies the theories described above spills over into real decisions, and how the thinking that underlies these real decisions can explain the discrepancies between theoretical approaches and actual behavior. This work elaborates on how the most recent laboratory experiments have become an important source both for evaluating the leading theory of choice and decision, and for contributing to the formation of new models regarding the subject.
Neuroeconomics Judgment And Decision Making
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Author : Evan A. Wilhelms
language : en
Publisher: Psychology Press
Release Date : 2014-07-11
Neuroeconomics Judgment And Decision Making written by Evan A. Wilhelms and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-11 with Psychology categories.
This volume explores how and why people make judgments and decisions that have economic consequences, and what the implications are for human well-being. It provides an integrated review of the latest research from many different disciplines, including social, cognitive, and developmental psychology; neuroscience and neurobiology; and economics and business. The book has six areas of focus: historical foundations; cognitive consistency and inconsistency; heuristics and biases; neuroeconomics and neurobiology; developmental and individual differences; and improving decisions. Throughout, the contributors draw out implications from traditional behavioral research as well as evidence from neuroscience. In recent years, neuroscientific methods have matured, beyond being simply correlational and descriptive, into theoretical prediction and explanation, and this has opened up many new areas of discovery about economic behavior that are reviewed in the book. In the final part, there are applications of the research to cognitive development, individual differences, and the improving of decisions. The book takes a broad perspective and is written in an accessible way so as to reach a wide audience of advanced students and researchers interested in behavioral economics and related areas. This includes neuroscientists, neuropsychologists, clinicians, psychologists (developmental, social, and cognitive), economists and other social scientists; legal scholars and criminologists; professionals in public health and medicine; educators; evidence-based practitioners; and policy-makers.