Insights in Decision Making: A Tribute to Hillel J. EinhornRobin M. Hogarth How do people make decisions? How can we help people make better decisions? How can we best study the processes of decision making? The growing field of behavioral decision research, which seeks to link observed decision behavior to underlying psychological mechanisms, may provide the answers to these questions. The volume is based on a recent conference held to honor the work and memory of the late Hillel J. Einhorn, a pioneering scholar in behavioral decision research. Composed of contributions by leading researchers, Insights in Decision Making provides a state-of-the-art image of work in this field. The range of topics covered includes conceptual and technical issues the bridge the gap between theory and the practical concern of improving decision making, difficulties in statistical thinking, experimental studies of processes of judgment and choice, and the emergence of new paradigms for studying decision behavior. Providing many avenues for future research, Insights in Decision Making will be essential reading for students of the psychology of decision making and will prove valuable to readers in psychology, economics, statistics, and management. |
Other editions - View all
Insights in Decision Making: A Tribute to Hillel J. Einhorn Robin M. Hogarth No preview available - 1990 |
Common terms and phrases
accuracy Allais paradox alternative anchoring and adjustment assessment attributes base rates base-rate Behavior and Human behavioral decision theory believe Bettman Brehmer Brunswik chapter choice cognitive compatibility component concept context correlation deci decision analysis decision maker decision problems decision theory decision-analytic decomposition delays dynamic decision effect effort Einhorn elicitation Ellsberg paradox environment errors estimates evaluation example experiments false consensus effect feedback FFUS Fischhoff function game theory goal level Hammond Heuristics and biases Hogarth hypothesis illusory correlation individual intuitive judgment and decision Kleinmuntz lens model Lichtenstein ment Müller-Lyer illusion Nash equilibrium normative options outcomes pairs paradox Payne payoff penalty percent performance players prediction preference reversals probabilistic probability prospect theory Psychological Review Psychology question represented response risk Science Simpson's paradox sion Slovic social subjects suggest task tion Tversky and Kahneman ultimatum game uncertainty utility vague Wallsten weights Winterfeldt