Judgement And Choice Perspectives On The Work Of Daniel Kahneman

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Judgement and Choice: Perspectives on the Work of Daniel Kahneman

Author : Daniel Kahneman
Publisher : Psychology Press
ISBN 13 : 1000106691
Total Pages : 82 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Judgement and Choice: Perspectives on the Work of Daniel Kahneman by : Daniel Kahneman

Download or read book Judgement and Choice: Perspectives on the Work of Daniel Kahneman written by Daniel Kahneman and published by Psychology Press. This book was released on 2020-10-28 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The work of Daniel Kahneman and Amos Tversky has transformed the study of judgment and decision-making, and penetrated related disciplines such as economics, finance, marketing, law and medicine. In recognition of these achievements, Kahneman was awarded the Nobel Prize for Economics in 2003. This special issue presents ongoing research inspired by both Kahneman and Tversky. It covers many of the central themes the heuristics and biases of judgment and prediction, framing effects, assessments and predictions of utility that made their work so innovative. The specially written papers illustrate the range and depth of this work, and emphasise its continued relevance to current research.

Judgement and Choice

Author : David Lagnado
Publisher : Psychology Press
ISBN 13 : 9781841698250
Total Pages : 80 pages
Book Rating : 4.6/5 (982 download)

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Book Synopsis Judgement and Choice by : David Lagnado

Download or read book Judgement and Choice written by David Lagnado and published by Psychology Press. This book was released on 2007 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The work of Daniel Kahneman and Amos Tversky has transformed the study of judgment and decision-making, and penetrated related disciplines such as economics, finance, marketing, law and medicine. In recognition of these achievements, Kahneman was awarded the Nobel Prize for Economics in 2003. This special issue presents ongoing research inspired by both Kahneman and Tversky. It covers many of the central themes – the heuristics and biases of judgment and prediction, framing effects, assessments and predictions of utility – that made their work so innovative. The specially written papers illustrate the range and depth of this work, and emphasise its continued relevance to current research.

Thinking, Fast and Slow

Author : Daniel Kahneman
Publisher : Farrar, Straus and Giroux
ISBN 13 : 1429969350
Total Pages : 511 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Thinking, Fast and Slow by : Daniel Kahneman

Download or read book Thinking, Fast and Slow written by Daniel Kahneman and published by Farrar, Straus and Giroux. This book was released on 2011-10-25 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major New York Times bestseller Winner of the National Academy of Sciences Best Book Award in 2012 Selected by the New York Times Book Review as one of the ten best books of 2011 A Globe and Mail Best Books of the Year 2011 Title One of The Economist's 2011 Books of the Year One of The Wall Street Journal's Best Nonfiction Books of the Year 2011 2013 Presidential Medal of Freedom Recipient Kahneman's work with Amos Tversky is the subject of Michael Lewis's The Undoing Project: A Friendship That Changed Our Minds In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.

Heuristics and Biases

Author : Thomas Gilovich
Publisher : Cambridge University Press
ISBN 13 : 9780521796798
Total Pages : 884 pages
Book Rating : 4.7/5 (967 download)

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Book Synopsis Heuristics and Biases by : Thomas Gilovich

Download or read book Heuristics and Biases written by Thomas Gilovich and published by Cambridge University Press. This book was released on 2002-07-08 with total page 884 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 2002, compiles psychologists' best attempts to answer important questions about intuitive judgment.

Noise

Author : Daniel Kahneman
Publisher : Little, Brown
ISBN 13 : 031645138X
Total Pages : 429 pages
Book Rating : 4.3/5 (164 download)

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Book Synopsis Noise by : Daniel Kahneman

Download or read book Noise written by Daniel Kahneman and published by Little, Brown. This book was released on 2021-05-18 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, a revolutionary exploration of why people make bad judgments and how to make better ones—"a tour de force” (New York Times). Imagine that two doctors in the same city give different diagnoses to identical patients—or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants—or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical. In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions. Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.

Judgement and Choice: Perspectives on the Work of Daniel Kahneman

Author : Daniel Kahneman
Publisher : Psychology Press
ISBN 13 : 1000149900
Total Pages : 122 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Judgement and Choice: Perspectives on the Work of Daniel Kahneman by : Daniel Kahneman

Download or read book Judgement and Choice: Perspectives on the Work of Daniel Kahneman written by Daniel Kahneman and published by Psychology Press. This book was released on 2020-10-28 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The work of Daniel Kahneman and Amos Tversky has transformed the study of judgment and decision-making, and penetrated related disciplines such as economics, finance, marketing, law and medicine. In recognition of these achievements, Kahneman was awarded the Nobel Prize for Economics in 2003. This special issue presents ongoing research inspired by both Kahneman and Tversky. It covers many of the central themes the heuristics and biases of judgment and prediction, framing effects, assessments and predictions of utility that made their work so innovative. The specially written papers illustrate the range and depth of this work, and emphasise its continued relevance to current research.

Judgment and Decision Making

Author : David Hardman
Publisher : John Wiley & Sons
ISBN 13 : 1405123982
Total Pages : 246 pages
Book Rating : 4.4/5 (51 download)

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Book Synopsis Judgment and Decision Making by : David Hardman

Download or read book Judgment and Decision Making written by David Hardman and published by John Wiley & Sons. This book was released on 2009-02-09 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Judgment and Decision Making is a refreshingly accessible text that explores the wide variety of ways people make judgments. An accessible examination of the wide variety of ways people make judgments Features up-to-date theoretical coverage, including perspectives from evolutionary psychology and neuroscience Covers dynamic decision making, everyday decision making, individual differences, group decision making, and the nature of mind and brain in relation to judgment and decision making Illustrates key concepts with boxed case studies and cartoons

Judgment Under Uncertainty

Author : Daniel Kahneman
Publisher : Cambridge University Press
ISBN 13 : 9780521284141
Total Pages : 574 pages
Book Rating : 4.2/5 (841 download)

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Book Synopsis Judgment Under Uncertainty by : Daniel Kahneman

Download or read book Judgment Under Uncertainty written by Daniel Kahneman and published by Cambridge University Press. This book was released on 1982-04-30 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Preference, Belief, and Similarity

Author : Amos Tversky
Publisher : MIT Press
ISBN 13 : 9780262700931
Total Pages : 1046 pages
Book Rating : 4.7/5 (9 download)

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Book Synopsis Preference, Belief, and Similarity by : Amos Tversky

Download or read book Preference, Belief, and Similarity written by Amos Tversky and published by MIT Press. This book was released on 2003-11-21 with total page 1046 pages. Available in PDF, EPUB and Kindle. Book excerpt: Amos Tversky (1937–1996), a towering figure in cognitive and mathematical psychology, devoted his professional life to the study of similarity, judgment, and decision making. He had a unique ability to master the technicalities of normative ideals and then to intuit and demonstrate experimentally their systematic violation due to the vagaries and consequences of human information processing. He created new areas of study and helped transform disciplines as varied as economics, law, medicine, political science, philosophy, and statistics. This book collects forty of Tversky's articles, selected by him in collaboration with the editor during the last months of Tversky's life. It is divided into three sections: Similarity, Judgment, and Preferences. The Preferences section is subdivided into Probabilistic Models of Choice, Choice under Risk and Uncertainty, and Contingent Preferences. Included are several articles written with his frequent collaborator, Nobel Prize-winning economist Daniel Kahneman.

Expert Political Judgment

Author : Philip E. Tetlock
Publisher : Princeton University Press
ISBN 13 : 1400888816
Total Pages : 368 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Expert Political Judgment by : Philip E. Tetlock

Download or read book Expert Political Judgment written by Philip E. Tetlock and published by Princeton University Press. This book was released on 2017-08-29 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its original publication, Expert Political Judgment by New York Times bestselling author Philip Tetlock has established itself as a contemporary classic in the literature on evaluating expert opinion. Tetlock first discusses arguments about whether the world is too complex for people to find the tools to understand political phenomena, let alone predict the future. He evaluates predictions from experts in different fields, comparing them to predictions by well-informed laity or those based on simple extrapolation from current trends. He goes on to analyze which styles of thinking are more successful in forecasting. Classifying thinking styles using Isaiah Berlin's prototypes of the fox and the hedgehog, Tetlock contends that the fox--the thinker who knows many little things, draws from an eclectic array of traditions, and is better able to improvise in response to changing events--is more successful in predicting the future than the hedgehog, who knows one big thing, toils devotedly within one tradition, and imposes formulaic solutions on ill-defined problems. He notes a perversely inverse relationship between the best scientific indicators of good judgement and the qualities that the media most prizes in pundits--the single-minded determination required to prevail in ideological combat. Clearly written and impeccably researched, the book fills a huge void in the literature on evaluating expert opinion. It will appeal across many academic disciplines as well as to corporations seeking to develop standards for judging expert decision-making. Now with a new preface in which Tetlock discusses the latest research in the field, the book explores what constitutes good judgment in predicting future events and looks at why experts are often wrong in their forecasts.

Choices, Values, and Frames

Author : Daniel Kahneman
Publisher : Cambridge University Press
ISBN 13 : 9780521627498
Total Pages : 864 pages
Book Rating : 4.6/5 (274 download)

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Book Synopsis Choices, Values, and Frames by : Daniel Kahneman

Download or read book Choices, Values, and Frames written by Daniel Kahneman and published by Cambridge University Press. This book was released on 2000-09-25 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the definitive exposition of 'prospect theory', a compelling alternative to the classical utility theory of choice. Building on the 1982 volume, Judgement Under Uncertainty, this book brings together seminal papers on prospect theory from economists, decision theorists, and psychologists, including the work of the late Amos Tversky, whose contributions are collected here for the first time. While remaining within a rational choice framework, prospect theory delivers more accurate, empirically verified predictions in key test cases, as well as helping to explain many complex, real-world puzzles. In this volume, it is brought to bear on phenomena as diverse as the principles of legal compensation, the equity premium puzzle in financial markets, and the number of hours that New York cab drivers choose to drive on rainy days. Theoretically elegant and empirically robust, this volume shows how prospect theory has matured into a new science of decision making.

Rational Choice in an Uncertain World

Author : Reid Hastie
Publisher : SAGE
ISBN 13 : 1412959039
Total Pages : 393 pages
Book Rating : 4.4/5 (129 download)

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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.

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

Author : Camille Morvan
Publisher : CRC Press
ISBN 13 : 1351350609
Total Pages : 93 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis An Analysis of Amos Tversky and Daniel Kahneman's Judgment Under Uncertainty by : Camille Morvan

Download or read book An Analysis of Amos Tversky and Daniel Kahneman's Judgment Under Uncertainty written by Camille Morvan and published by CRC Press. This book was released on 2017-07-05 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Heuristics and Biases

Author : Thomas Gilovich
Publisher : Cambridge : Cambridge University Press
ISBN 13 : 9780521792608
Total Pages : 857 pages
Book Rating : 4.7/5 (926 download)

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Book Synopsis Heuristics and Biases by : Thomas Gilovich

Download or read book Heuristics and Biases written by Thomas Gilovich and published by Cambridge : Cambridge University Press. This book was released on 2002-07-08 with total page 857 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2002 book compiles psychologists' best attempts to answer important questions about intuitive judgment.

Prospect Theory

Author : Daniel Kahneman
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (53 download)

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Book Synopsis Prospect Theory by : Daniel Kahneman

Download or read book Prospect Theory written by Daniel Kahneman and published by . This book was released on 1979 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Judgment and Decision Making

Author : Baruch Fischhoff
Publisher : Routledge
ISBN 13 : 1136497331
Total Pages : 405 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Judgment and Decision Making by : Baruch Fischhoff

Download or read book Judgment and Decision Making written by Baruch Fischhoff and published by Routledge. This book was released on 2013-06-17 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Behavioral decision research offers a distinctive approach to understanding and improving decision making. It combines theory and method from multiple disciples (psychology, economics, statistics, decision theory, management science). It employs both empirical methods, to study how decisions are actually made, and analytical ones, to study how decisions should be made and how consequential imperfections are. This book brings together key publications, selected to represent the major topics and approaches used in the field. Put in one place, with integrating commentary, it shows the common elements in a research program that represents the scope of the field, while offering depth in each. Together, they provide a vision for what has become a burgeoning field.

Heuristic Reasoning

Author : Emiliano Ippoliti
Publisher : Springer
ISBN 13 : 331909159X
Total Pages : 194 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Heuristic Reasoning by : Emiliano Ippoliti

Download or read book Heuristic Reasoning written by Emiliano Ippoliti and published by Springer. This book was released on 2014-09-05 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can we advance knowledge? Which methods do we need in order to make new discoveries? How can we rationally evaluate, reconstruct and offer discoveries as a means of improving the ‘method’ of discovery itself? And how can we use findings about scientific discovery to boost funding policies, thus fostering a deeper impact of scientific discovery itself? The respective chapters in this book provide readers with answers to these questions. They focus on a set of issues that are essential to the development of types of reasoning for advancing knowledge, such as models for both revolutionary findings and paradigm shifts; ways of rationally addressing scientific disagreement, e.g. when a revolutionary discovery sparks considerable disagreement inside the scientific community; frameworks for both discovery and inference methods; and heuristics for economics and the social sciences.