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Cognitive Processes In Choice And Decision Behavior
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Book Synopsis Cognitive Processes in Choice and Decision Behavior by : Thomas S. Wallsten
Download or read book Cognitive Processes in Choice and Decision Behavior written by Thomas S. Wallsten and published by Taylor & Francis. This book was released on 2024-05-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision theory is a uniquely interdisciplinary field of study with contributions from economics, statistics, mathematics, philosophy, operations research, and psychology. The 1970s had seen important changes in research on behavioral decision theory in terms of a shift from a reliance on economic and statistical models to an emphasis on concepts drawn from cognitive psychology. Originally published in 1980, Cognitive Processes in Choice and Decision Behavior contains papers that explore the reasons why these changes had come about and discuss the future directions to which they pointed. It was clear at the time that research in behavioral decision theory was changing dramatically. The chapters in this book represent a good assessment of the reasons the changes were coming about and some of the merits and problems of the directions in which it was moving. Today it can be read in its historical context.
Book Synopsis Cognitive Choice Modeling by : Zheng Joyce Wang
Download or read book Cognitive Choice Modeling written by Zheng Joyce Wang and published by MIT Press. This book was released on 2021-03-09 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emerging interdisciplinary field of cognitive choice models integrates theory and recent research findings from both decision process and choice behavior. Cognitive decision processes provide the interface between the environment and brain, enabling choice behavior, and the basic cognitive mechanisms underlying decision processes are fundamental to all fields of human activity. Yet cognitive processes and choice processes are often studied separately, whether by decision theorists, consumer researchers, or social scientists. In Cognitive Choice Modeling, Zheng Joyce Wang and Jerome R. Busemeyer introduce a new cognitive modeling approach to the study of human choice behavior. Integrating recent research findings from both cognitive science and choice behavior, they lay the groundwork for the emerging interdisciplinary field of cognitive choice modeling.
Book Synopsis Cognitive Processes in Choice and Decision Behavior by : Thomas S. Wallsten
Download or read book Cognitive Processes in Choice and Decision Behavior written by Thomas S. Wallsten and published by Taylor & Francis. This book was released on 2024-05-01 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision theory is a uniquely interdisciplinary field of study with contributions from economics, statistics, mathematics, philosophy, operations research, and psychology. The 1970s had seen important changes in research on behavioral decision theory in terms of a shift from a reliance on economic and statistical models to an emphasis on concepts drawn from cognitive psychology. Originally published in 1980, Cognitive Processes in Choice and Decision Behavior contains papers that explore the reasons why these changes had come about and discuss the future directions to which they pointed. It was clear at the time that research in behavioral decision theory was changing dramatically. The chapters in this book represent a good assessment of the reasons the changes were coming about and some of the merits and problems of the directions in which it was moving. Today it can be read in its historical context.
Book Synopsis Behavioral Decision Making by : George Wright
Download or read book Behavioral Decision Making written by George Wright and published by Springer Science & Business Media. This book was released on 2013-03-11 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Process and Structure in Human Decision Making by : Henry Montgomery
Download or read book Process and Structure in Human Decision Making written by Henry Montgomery and published by . This book was released on 1989-04-24 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fourteen contributors from six countries present recent research results in the study of decision-making processes. They address cognitive and evaluative issues involved in human choice and judgement. Several studies model how decision makers represent and structure information involved in making choices. Others discuss theory, methods, or group decision making.
Download or read book Decision Making written by Ray Crozier and published by Routledge. This book was released on 2002-09-11 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Straight Choices written by Ben R. Newell and published by Psychology Press. This book was released on 2015-06-12 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis A Handbook of Process Tracing Methods by : Michael Schulte-Mecklenbeck
Download or read book A Handbook of Process Tracing Methods written by Michael Schulte-Mecklenbeck and published by Routledge. This book was released on 2019-06-10 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Handbook of Process Tracing Methods demonstrates how to better understand decision outcomes by studying decision processes, through the introduction of a number of exciting techniques. Decades of research have identified numerous idiosyncrasies in human decision behavior, but some of the most recent advances in the scientific study of decision making involve the development of sophisticated methods for understanding decision process—known as process tracing. In this volume, leading experts discuss the application of these methods and focus on the best practices for using some of the more popular techniques, discussing how to incorporate them into formal decision models. This edition has been expanded and thoroughly updated throughout, and now includes new chapters on mouse tracking, protocol analysis, neurocognitive methods, the measurement of valuation, as well as an overview of important software packages. The volume not only surveys cutting-edge research to illustrate the great variety in process tracing techniques, but also serves as a tutorial for how the novice researcher might implement these methods. A Handbook of Process Tracing Methods will be an essential read for all students and researchers of decision making.
Book Synopsis Research on Judgment and Decision Making by : William M. Goldstein
Download or read book Research on Judgment and Decision Making written by William M. Goldstein and published by Cambridge University Press. This book was released on 1997-06-13 with total page 772 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an overview of recent research on the psychology of judgment and decision making, the field that investigates the processes by which people draw conclusions, reach evaluations, and make choices. An introductory, historically oriented chapter provides a way of viewing the overall structure of the field, its recent trends, and its possible directions. Subsequent sections present significant recent papers by prominent researchers, organized to reveal the currents, connections, and controversies that animate the field. Current trends in the field are illustrated with papers from ongoing streams of research. The papers on "connections" explore memory, explanation and argument, affect, attitudes, and motivation. Finally, a section on "controversies" presents problem representation, domain knowledge, content specificity, rule-governed versus rule-described behavior, and proposals for radical departures and new beginnings in the field. Students and researchers in psychology who have an interest in cognitive processes will find this text to be rewarding reading.
Book Synopsis Personality and Cognition in Economic Decision Making by : Aurora García-Gallego
Download or read book Personality and Cognition in Economic Decision Making written by Aurora García-Gallego and published by Frontiers Media SA. This book was released on 2017-08-22 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Psychologists studying cognitive processes and personality have increasingly benefited from the wealth of theory, methodology, and decision making paradigms used in economics and game theory. Similarly, for the economists, personality traits and basic cognitive processes offer a set of coherent explanatory constructs in economic behavior. Given the debate on preference invariance and behavioral consistency across contexts and domains, the papers in this topic shed light on the existence and effect of stable sets of idiosyncratic features on economic decision-making. While the effects of personality and cognition on economic decisions remain under-explored, the papers contributed in this topic offer more than a stimulus for further research. The general message could be that personality and cognitive processes offer the stable idiosyncratic ground on which individual decisions are made.
Book Synopsis Neuroscience and the Economics of Decision Making by : Alessandro Innocenti
Download or read book Neuroscience and the Economics of Decision Making written by Alessandro Innocenti and published by Routledge. This book was released on 2013-06-19 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last two decades there has been a flourishing research carried out jointly by economists, psychologists and neuroscientists. This meltdown of competences has lead towards original approaches to investigate the mental and cognitive mechanisms involved in the way the economic agent collects, processes and uses information to make choices. This research field involves a new kind of scientist, trained in different disciplines, familiar in managing experimental data, and with the mathematical foundations of decision making. The ultimate goal of this research is to open the black-box to understandthe behavioural and neural processes through which humans set preferences and translate these behaviours into optimal choices. This volume intends to bring forward new results and fresh insights into this matter.
Book Synopsis Judgment and Decision Making by : Peter Juslin
Download or read book Judgment and Decision Making written by Peter Juslin and published by Psychology Press. This book was released on 2007-09-26 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Making Decisions That Matter by : Kathleen M. Galotti
Download or read book Making Decisions That Matter written by Kathleen M. Galotti and published by Psychology Press. This book was released on 2005-07-11 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of this book is to describe ongoing research that examines real people making real decsions, and compares it with theoretical predications to provide readers with "food for thought" when it comes to their own decision making & to point out quest
Book Synopsis Dynamics of decision making: from evidence to preference and belief by : Erica Yu
Download or read book Dynamics of decision making: from evidence to preference and belief written by Erica Yu and published by Frontiers E-books. This book was released on 2014-10-24 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the core of the many debates throughout cognitive science concerning how decisions are made are the processes governing the time course of preference formation and decision. From perceptual choices, such as whether the signal on a radar screen indicates an enemy missile or a spot on a CT scan indicates a tumor, to cognitive value-based decisions, such as selecting an agreeable flatmate or deciding the guilt of a defendant, significant and everyday decisions are dynamic over time. Phenomena such as decoy effects, preference reversals and order effects are still puzzling researchers. For example, in a legal context, jurors receive discrete pieces of evidence in sequence, and must integrate these pieces together to reach a singular verdict. From a standard Bayesian viewpoint the order in which people receive the evidence should not influence their final decision, and yet order effects seem a robust empirical phenomena in many decision contexts. Current research on how decisions unfold, especially in a dynamic environment, is advancing our theoretical understanding of decision making. This Research Topic aims to review and further explore the time course of a decision - from how prior beliefs are formed to how those beliefs are used and updated over time, towards the formation of preferences and choices and post-decision processes and effects. Research literatures encompassing varied approaches to the time-scale of decisions will be brought into scope: a) Speeded decisions (and post-decision processes) that require the accumulation of noisy and possibly non-stationary perceptual evidence (e.g., randomly moving dots stimuli), within a few seconds, with or without temporal uncertainty. b) Temporally-extended, value-based decisions that integrate feedback values (e.g., gambling machines) and internally-generated decision criteria (e.g., when one switches attention, selectively, between the various aspects of several choice alternatives). c) Temporally extended, belief-based decisions that build on the integration of evidence, which interacts with the decision maker's belief system, towards the updating of the beliefs and the formation of judgments and preferences (as in the legal context). Research that emphasizes theoretical concerns (including optimality analysis) and mechanisms underlying the decision process, both neural and cognitive, is presented, as well as research that combines experimental and computational levels of analysis.
Book Synopsis Attitudes and Behavioral Decisions by : Arnold Upmeyer
Download or read book Attitudes and Behavioral Decisions written by Arnold Upmeyer and published by Springer. This book was released on 1989 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book summarizes theoretical and empirical work that was performed in a large-scale, cross-university research project on the relationship between attitudes and behavior. The entire program has been funded by the Deutsche Forschungsgemeinschaft (DFG), an institution that operates similarly to the American National Science Foundation. In 1981 the DFGruled to release the project for a five-year period with the option to extend if th~ extension proposal would suggest a major alteration of research goals. The participants are presently in the stage of transition between the first five-year allotment and the granted extension. We feel that this is the most opportune time to summarize the development of the project for an international audience. Until now only scattered publications have existed. This book is more than just a compilation of previously published results. Rather, it is the original contributions and a substantial share of newly published empirical results that guarantee an up-to-date exposition of the entire program. The general goal of the research group is to perform basic research in attaining explanations for the relationships between attitude and behavior and to improve the predictability of current predictor models. In pursuing this goal we are not primarily interested in the immediate strategy of redefining predictor variables within the framework of the general linear statistical model. Rather, we emphasize cognitive processes and structures that predispose a person's behavior, that accompany behavior, or that change as a result of prior behavior.
Book Synopsis A Handbook of Process Tracing Methods for Decision Research by : Michael Schulte-Mecklenbeck
Download or read book A Handbook of Process Tracing Methods for Decision Research written by Michael Schulte-Mecklenbeck and published by Psychology Press. This book was released on 2011-05-20 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook provides a critical review and user’s guide to conducting and reporting process tracing studies of decision making. Each chapter covers a specific method that is presented and reviewed by authors who are experts in the method’s application to decision research. The book ultimately illustrates and presents a multi-method approach and is essential reading for graduate students and researchers wishing to undertake such studies on decision making.
Book Synopsis Rational Choice in an Uncertain World by : Reid Hastie
Download or read book Rational Choice in an Uncertain World written by Reid Hastie and published by SAGE. This book was released on 2010 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Second Edition of Rational Choice in an Uncertain World the authors compare the basic principles of rationality with actual behaviour in making decisions. They describe theories and research findings from the field of judgment and decision making in a non-technical manner, using anecdotes as a teaching device. Intended as an introductory textbook for advanced undergraduate and graduate students, the material not only is of scholarly interest but is practical as well. The Second Edition includes: - more coverage on the role of emotions, happiness, and general well-being in decisions - a summary of the new research on the neuroscience of decision processes - more discussion of the adaptive value of (non-rational heuristics) - expansion of the graphics for decision trees, probability trees, and Venn diagrams.
