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Straight Choices: The Psychology of Decision Making 3rd edition


Straight Choices: The Psychology of Decision Making 3rd edition

Paperback by Newell, Ben R. (University of New South Wales, Australia); Lagnado, David A. (University College London, UK); Shanks, David R.

Straight Choices: The Psychology of Decision Making

£42.99

ISBN:
9781032267845
Publication Date:
23 Jun 2022
Edition/language:
3rd edition / English
Publisher:
Taylor & Francis Ltd
Pages:
360 pages
Format:
Paperback
For delivery:
Estimated despatch 22 May 2024
Straight Choices: The Psychology of Decision Making

Description

Straight Choices provides a fascinating introduction to the psychology of decision making, enhanced by discussion of relevant examples of decision problems faced in everyday life. Thoroughly revised and updated throughout, this edition provides an integrative account of the psychology of decision-making and shows how psychological research can help us understand our uncertain world. The book emphasizes 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. This edition highlights advances made in judgment and decision making research, with additional coverage of behavioral insights, nudging, artificial intelligence, and explanation-based decision making. Written in a non-technical manner, this book is an essential read for all students and researchers in cognitive psychology, behavioral economics, and the decision sciences, as well as anyone interested in the nature of decision making.

Contents

PREFACE ACKNOWLEDGEMENTS 1. FALLING OFF THE STRAIGHT AND NARROW. 2. DECISION QUALITY AND AN HISTORICAL CONTEXT 3. STAGES OF JUDGMENT I: DISCOVERING, ACQUIRING AND COMBINING INFORMATION 4. STAGES OF JUDGMENT II: FEEDBACK EFFECTS AND DYNAMIC ENVIRONMENTS 5. APPRAISING PROBABILITY JUDGMENTS 6. JUDGMENTAL HEURISTICS AND BIASES 7. EXPLANATION-BASED DECISION MAKING 8. ANALYSING DECISIONS I: A GENERAL FRAMEWORK 9. ANALYSING DECISIONS II: PROSPECT THEORY AND PREFERENCE REVERSALS 10. DECISIONS FROM EXPERIENCE 11. DECISIONS ACROSS TIME 12. LEARNING TO CHOOSE, CHOOSING TO LEARN 13. OPTIMALITY AND EXPERTISE 14. TWO SYSTEMS OF JUDGMENT AND DECISION MAKING? 15. EMOTIONAL INFLUENCES ON DECISION MAKING 16. GROUP DECISION MAKING 17. APPLYING PSYCHOLOGICAL INSIGHTS TO THE WORLD OUTSIDE THE LABORATORY 18. LEARNING TO MAKE GOOD DECISIONS: WHEN, HOW AND WHY (NOT)? REFERENCES

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