Judgment and Decision Making: Psychological PerspectivesJudgment and Decision Making is a refreshingly accessible text that explores the wide variety of ways people make judgments. It examines assessments of probability, frequency, and causation; as well as how decisions are rendered under conditions of risk and uncertainty. Topics covered include dynamic, everyday, and group decision making; individual differences; and the nature of mind and brain in relation to judgment and decision making. Offering up-to-date theoretical coverage, including perspectives from evolutionary psychology and neuroscience, this volume has everything a psychology student needs for BPS accreditation, whilst drawing out the practical applications for non-psychology students with plentiful examples from business, economics, sport, law, and medicine. The latest addition to the BPS Textbooks in Psychology series, this thorough text provides a succinct, reader-friendly account of the field of judgment and decision making. |
Contents
Preface and Acknowledgements | 1 |
Judgments Decisions and Rationality | 2 |
The Nature and Analysis of Judgment | 8 |
Judging Probability and Frequency | 18 |
The AnchoringandAdjustment Heuristic and Hindsight Bias | 32 |
Assessing Evidence and Evaluating Arguments | 40 |
Covariation Causation and Counterfactual Thinking | 54 |
Decision Making under Risk and Uncertainty | 64 |
Where Real Life Meets the Laboratory | 118 |
Risk | 132 |
Decision Making in Groups and Teams | 146 |
Cooperation and Coordination | 160 |
Intuition Reflective Thinking and the Brain | 176 |
Appendix | 188 |
| 189 | |
Sources and Credits | 209 |
Preference and Choice | 78 |
Confidence and Optimism | 92 |
Judgment and Choice over Time | 108 |
| 211 | |
| 219 | |
Common terms and phrases
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