Judgment Under Uncertainty

Judgment Under Uncertainty PDF Author: Daniel Kahneman
Publisher: Cambridge University Press
ISBN: 9780521284141
Category : Psychology
Languages : en
Pages : 574

Get Book Here

Book Description
Thirty-five chapters describe various judgmental heuristics and the biases they produce, not only in laboratory experiments, but in important social, medical, and political situations as well. Most review multiple studies or entire subareas rather than describing single experimental studies.

Judgment Under Uncertainty

Judgment Under Uncertainty PDF Author: Daniel Kahneman
Publisher: Cambridge University Press
ISBN: 9780521284141
Category : Psychology
Languages : en
Pages : 574

Get Book Here

Book Description
Thirty-five chapters describe various judgmental heuristics and the biases they produce, not only in laboratory experiments, but in important social, medical, and political situations as well. Most review multiple studies or entire subareas rather than describing single experimental studies.

Heuristics and Biases

Heuristics and Biases PDF Author: Thomas Gilovich
Publisher: Cambridge University Press
ISBN: 9780521796798
Category : Education
Languages : en
Pages : 884

Get Book Here

Book Description
This book, first published in 2002, compiles psychologists' best attempts to answer important questions about intuitive judgment.

An Analysis of Amos Tversky and Daniel Kahneman's Judgment Under Uncertainty

An Analysis of Amos Tversky and Daniel Kahneman's Judgment Under Uncertainty PDF Author: Camille Morvan
Publisher: CRC Press
ISBN: 1351350609
Category : Business & Economics
Languages : en
Pages : 93

Get Book Here

Book Description
Amos Tversky and Daniel Kahneman’s 1974 paper ‘Judgement Under Uncertainty: Heuristics and Biases’ is a landmark in the history of psychology. Though a mere seven pages long, it has helped reshape the study of human rationality, and had a particular impact on economics – where Tversky and Kahneman’s work helped shape the entirely new sub discipline of ‘behavioral economics.’ The paper investigates human decision-making, specifically what human brains tend to do when we are forced to deal with uncertainty or complexity. Based on experiments carried out with volunteers, Tversky and Kahneman discovered that humans make predictable errors of judgement when forced to deal with ambiguous evidence or make challenging decisions. These errors stem from ‘heuristics’ and ‘biases’ – mental shortcuts and assumptions that allow us to make swift, automatic decisions, often usefully and correctly, but occasionally to our detriment. The paper’s huge influence is due in no small part to its masterful use of high-level interpretative and analytical skills – expressed in Tversky and Kahneman’s concise and clear definitions of the basic heuristics and biases they discovered. Still providing the foundations of new work in the field 40 years later, the two psychologists’ definitions are a model of how good interpretation underpins incisive critical thinking.

The Oxford Handbook of Cognitive Psychology

The Oxford Handbook of Cognitive Psychology PDF Author: Daniel Reisberg
Publisher:
ISBN: 0195376749
Category : Medical
Languages : en
Pages : 1106

Get Book Here

Book Description
This handbook is an essential, comprehensive resource for students and academics interested in topics in cognitive psychology, including perceptual issues, attention, memory, knowledge representation, language, emotional influences, judgment, problem solving, and the study of individual differences in cognition.

Judging Under Uncertainty

Judging Under Uncertainty PDF Author: Adrian Vermeule
Publisher: Harvard University Press
ISBN: 9780674022102
Category : Law
Languages : en
Pages : 356

Get Book Here

Book Description
In this book, Adrian Vermeule shows that any approach to legal interpretation rests on institutional and empirical premises about the capacities of judges and the systemic effects of their rulings. He argues that legal interpretation is above all an exercise in decisionmaking under severe empirical uncertainty.

Handbook of the Fundamentals of Financial Decision Making

Handbook of the Fundamentals of Financial Decision Making PDF Author: Leonard C. MacLean
Publisher: World Scientific
ISBN: 9814417351
Category : Business & Economics
Languages : en
Pages : 941

Get Book Here

Book Description
This handbook in two parts covers key topics of the theory of financial decision making. Some of the papers discuss real applications or case studies as well. There are a number of new papers that have never been published before especially in Part II.Part I is concerned with Decision Making Under Uncertainty. This includes subsections on Arbitrage, Utility Theory, Risk Aversion and Static Portfolio Theory, and Stochastic Dominance. Part II is concerned with Dynamic Modeling that is the transition for static decision making to multiperiod decision making. The analysis starts with Risk Measures and then discusses Dynamic Portfolio Theory, Tactical Asset Allocation and Asset-Liability Management Using Utility and Goal Based Consumption-Investment Decision Models.A comprehensive set of problems both computational and review and mind expanding with many unsolved problems are in an accompanying problems book. The handbook plus the book of problems form a very strong set of materials for PhD and Masters courses both as the main or as supplementary text in finance theory, financial decision making and portfolio theory. For researchers, it is a valuable resource being an up to date treatment of topics in the classic books on these topics by Johnathan Ingersoll in 1988, and William Ziemba and Raymond Vickson in 1975 (updated 2 nd edition published in 2006).

Judgment and Decision Making

Judgment and Decision Making PDF Author: Terry Connolly
Publisher: Cambridge University Press
ISBN: 9780521626026
Category : Education
Languages : en
Pages : 814

Get Book Here

Book Description
This work examines issues such as medical diagnosis, weather forecasting, labour negotiations, risk, public policy, business strategy, eyewitnesses, and jury decisions. This is a revision of Arkes and Hammond's 1986 collection of papers on judgment and decision-making. Updated and extended, the focus of this volume is interdisciplinary and applied.

Basic Problems in Methodology and Linguistics

Basic Problems in Methodology and Linguistics PDF Author: Robert E. Butts
Publisher: Springer Science & Business Media
ISBN: 9401708371
Category : Science
Languages : en
Pages : 320

Get Book Here

Book Description
The Fifth International Congress of Logic, Methodology and Philosophy of Science was held at the University of Western Ontario, London, Canada, 27 August to 2 September 1975. The Congress was held under the auspices of the International Union of History and Philosophy of Science, Division of Logic, Methodology and Philosophy of Science, and was sponsored by the National Research Council of Canada and the University of Western Ontario. As those associated closely with the work of the Division over the years know well, the work undertaken by its members varies greatly and spans a number of fields not always obviously related. In addition, the volume of work done by first rate scholars and scientists in the various fields of the Division has risen enormously. For these and related reasons it seemed to the editors chosen by the Divisional officers that the usual format of publishing the proceedings of the Congress be abandoned in favour of a somewhat more flexible, and hopefully acceptable, method of pre sentation. Accordingly, the work of the invited participants to the Congress has been divided into four volumes appearing in the University of Western Ontario Series in Philosophy of Science. The volumes are entitled, Logic, Foundations of Mathematics and Computability Theory, Foun dational Problems in the Special Sciences, Basic Problems in Methodol ogy and Linguistics, and Historical and Philosophical Dimensions of Logic, Methodology and Philosophy of Science.

Judgment and Decision Making Under Uncertainty: Descriptive, Normative, and Prescriptive Perspectives

Judgment and Decision Making Under Uncertainty: Descriptive, Normative, and Prescriptive Perspectives PDF Author: David R. Mandel
Publisher: Frontiers Media SA
ISBN: 288963034X
Category :
Languages : en
Pages : 224

Get Book Here

Book Description


The Essential Tversky

The Essential Tversky PDF Author: Amos Tversky
Publisher: MIT Press
ISBN: 0262535106
Category : Psychology
Languages : en
Pages : 396

Get Book Here

Book Description
Some of the best and most influential papers by Amos Tversky, one of the most brilliant social science thinkers of the twentieth century. Amos Tversky (1937–1996) was a towering figure in the cognitive and decision sciences. His work was ingenious, exciting, and influential, spanning topics from intuition to statistics to behavioral economics. His long and extraordinarily productive collaboration with his friend and colleague Daniel Kahneman was the subject of Michael Lewis's best-selling book, The Undoing Project: A Friendship that Changed Our Minds. The Essential Tversky offers a selection of Tversky's best, most influential and accessible papers, “classics” chosen to capture the essence of Tversky's thought. The impact of Tversky's work is far reaching and long-lasting. In 2002, Kahneman, who drew on their joint work in his much-praised 2013 book, Thinking, Fast and Slow (and who contributes an afterword to this collection), was awarded the Nobel Prize in Economics for work done with Tversky. In The Undoing Project, Lewis (who contributes a foreword to this collection) describes his discovery that Tversky and Kahneman's thinking laid the foundation for Moneyball, his own ode to number-crunching. The papers collected in The Essential Tversky cover topics that include cognitive and perceptual bias, misguided beliefs, inconsistent preferences, risky choice and loss aversion decisions, and psychological common sense. Together, they offer nonspecialist readers an introduction to one of the most brilliant social science thinkers of the twentieth century.