Decision difficulty in bundle choice

Decision difficulty in bundle choice PDF Author: Manoj K. Agarwal
Publisher:
ISBN:
Category :
Languages : en
Pages : 31

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Decision difficulty in bundle choice

Decision difficulty in bundle choice PDF Author: Manoj K. Agarwal
Publisher:
ISBN:
Category :
Languages : en
Pages : 31

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Book Description


2002 report summaries collection

2002 report summaries collection PDF Author: Marketing Science Institute
Publisher:
ISBN:
Category : Marketing research
Languages : en
Pages : 53

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Straight Choices

Straight Choices PDF Author: Ben R. Newell
Publisher: Psychology Press
ISBN: 1317538862
Category : Psychology
Languages : en
Pages : 319

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Book Description
Should I have this medical treatment or that one? Is this computer a better buy than that one? Should I invest in shares or keep my money under the bed? We all face a perplexing array of decisions every day. Thoroughly revised and updated throughout, the new edition of Straight Choices provides an integrative account of the psychology of decision-making, and shows how psychological research can help us understand our uncertain world. Straight Choices emphasises the relationship between learning and decision-making, arguing that the best way to understand how and why decisions are made is in the context of the learning and knowledge acquisition which precedes them, and the feedback which follows. The mechanisms of learning and the structure of environments in which decisions are made are carefully examined to explore their impact on our choices. The authors then consider whether we are all constrained to fall prey to cognitive biases, or whether, with sufficient exposure, we can find optimal decision strategies and improve our decision making. Featuring three completely new chapters, this edition also contains student-friendly overviews and recommended readings in each chapter. It will be of interest to students and researchers in cognitive psychology, behavioral economics, and the decision sciences, as well as anyone interested in the nature of decision making.

Straight Choices

Straight Choices PDF Author: Ben R. Newell
Publisher: Psychology Press
ISBN: 1135420238
Category : Psychology
Languages : en
Pages : 265

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Book Description
We all face a perplexing array of decisions every day. Straight Choices provides an integrative account of the psychology of decision making, in which clear connections are made between empirical results and how these results can help us to understand our uncertain world. Throughout the text, there is an emphasis on the relationship between learning and decision making. The authors argue that the best way to understand how and why decisions are made is in the context of the learning and knowledge acquisition that precedes them and the feedback that follows them. The mechanisms of learning and the structure of environments in which decisions are made are carefully examined to explore the ways in which they act on our choices. From this, the authors go on to consider whether we are all constrained to fall prey to biases or whether with sufficient exposure can we find optimal decision strategies and improve our decision making. This novel approach integrates findings from the decision and learning literatures to provide a unique perspective on the psychology of decision making. It will be of interest to researchers and students in cognitive psychology, as well as researchers in economics and philosophy interested in the nature of decision making.

Frameworks for Modeling Cognition and Decisions in Institutional Environments

Frameworks for Modeling Cognition and Decisions in Institutional Environments PDF Author: Joan-Josep Vallbé
Publisher: Springer
ISBN: 9401794278
Category : Law
Languages : en
Pages : 245

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Book Description
This book deals with the theoretical, methodological, and empirical implications of bounded rationality in the operation of institutions. It focuses on decisions made under uncertainty, and presents a reliable strategy of knowledge acquisition for the design and implementation of decision-support systems. Based on the distinction between the inner and outer environment of decisions, the book explores both the cognitive mechanisms at work when actors decide, and the institutional mechanisms existing among and within organizations that make decisions fairly predictable. While a great deal of work has been done on how organizations act as patterns of events for (boundedly) rational decisions, less effort has been devoted to study under which circumstances organizations cease to act as such reliable mechanisms. Through an empirical strategy on open-ended response data from a survey among junior judges, the work pursues two main goals. The first one is to explore the limits of “institutional rationality” of the Spanish lower courts on-call service, an optimal scenario to observe decision-making under uncertainty. The second aim is to achieve a better understanding of the kind of uncertainty under which inexperienced decision-makers work. This entails exploring the demands imposed by problems and the knowledge needed to deal with them, making this book also a study on expertise achievement in institutional environments. This book combines standard multivariate statistical methods with machine learning techniques such as multidimensional scaling and topic models, treating text as data. Doing so, the book contributes to the collaboration between empirical social scientific approaches and the community of scientists that provide the set of tools and methods to make sense of the fastest growing resource of our time: data.

Collective Decision Making

Collective Decision Making PDF Author: Clifford S. Russell
Publisher: Routledge
ISBN: 1135997012
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
First Published in 2011.This is Volume 11 of fourteen in the library collection of Policy and Government and looks at the applications from public choice theory on decision making. It brings together proceedings that look seek to answer the question for the forum, which was whether public choice theory offers promise of providing a firmer foundation for applied institutional research and for institutional innovations which could contribute to the solution of some of these problems.

Encyclopedia of Democratic Thought

Encyclopedia of Democratic Thought PDF Author: Paul Barry Clarke
Publisher: Routledge
ISBN: 1136908633
Category : Political Science
Languages : en
Pages : 776

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Book Description
Containing almost 200 entries from 'accountability' to the 'Westminster model' the Encyclopedia of Democratic Thought explores all the ideas that matter to democracy past, present and future. It is destined to become the first port-of-call for all students, teachers and researchers of political science interested in democratic ideas, democratic practice, and the quality of democratic governance. The Encyclopedia provides extensive coverage of all the key concepts of democratic thought written by a stellar team of distinguished international contributors. The Encyclopedia draws on every tradition of democratic thought, as well as developing new thinking, in order to provide full coverage of the key democratic concepts and engage with their practical implications for the conduct of democratic politics in the world today. In this way, it brings every kind of democratic thinking to bear on the challenges facing contemporary democracies and on the possibilities of the democratic future. The Encyclopedia is global in scope and responds in detail to the democratic revolution of recent decades. Referring both to the established democratic states of Western Europe, North America and Australasia, and to the recent democracies of Latin America, Eastern and Central Europe, Africa and Asia, classical democratic concerns are related to new democracies, and to important changes in the older democracies. Supplemented by full bibliographical information, extensive cross-referencing and suggestions for further reading, the Encyclopedia of Democratic Thought is a unique work of reference combining the expertise of many of the world's leading political scientists, political sociologists and political philosophers. It will be welcomed as an essential resource for both teaching and for independent study, and as a solid starting point both for further research and wider exploration.

Judgments, Decisions, and Public Policy

Judgments, Decisions, and Public Policy PDF Author: Mothakapalli Venkatappa Rajeev Gowda
Publisher: Cambridge University Press
ISBN: 9780521660846
Category : Education
Languages : en
Pages : 390

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Book Description
Behavioral decision theory draws on experimental research in cognitive psychology to provide a descriptively accurate model of human behavior. It shows that people systematically violate the normative assumptions of economic rationality by miscalculating probabilities and making choices based on one-economic criteria. Behavioral decision theory s ability to capture the complexity of human judgments and choices makes it a useful foundation for improving public policy analysis, design, and implementation. This volume showcases the research of leading scholars who are working on applications of behavioral decision theory in diverse policy settings. It is designed to give policy analysts and practitioners who are non-psychologists a clearer understanding of the complexities of human judgment and choice, and an idea of how to integrate behavioral decision theoretic insights into the policy sciences. This interdisciplinary volume should be insightful and useful wherever people s judgments and choices matter for policy formulation, acceptance, and effectiveness.

Cost-Benefit Analysis and the Environment Further Developments and Policy Use

Cost-Benefit Analysis and the Environment Further Developments and Policy Use PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264085165
Category :
Languages : en
Pages : 458

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Book Description
This book explores recent developments in environmental cost-benefit analysis (CBA). This is defined as the application of CBA to projects or policies that have the deliberate aim of environmental improvement or are actions that affect, in some way, the natural environment as an indirect consequence

Decisions and Orders of the National Labor Relations Board

Decisions and Orders of the National Labor Relations Board PDF Author: United States. National Labor Relations Board
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 1258

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Book Description