Judgment under Uncertainty: Heuristics and Biases

by Daniel Kahneman (Editor), Paul Slovic (Editor), Amos Tversky (Editor)

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The thirty-five chapters in this book describe various judgmental heuristics and the biases they produce, not only in laboratory experiments but in important social, medical, and political situations as well. Individual chapters discuss the representativeness and availability heuristics, problems in judging covariation and control, overconfidence, multistage inference, social perception, medical diagnosis, risk perception, and methods for correcting and improving judgments under uncertainty. show more About half of the chapters are edited versions of classic articles; the remaining chapters are newly written for this book. Most review multiple studies or entire subareas of research and application rather than describing single experimental studies. This book will be useful to a wide range of students and researchers, as well as to decision makers seeking to gain insight into their judgments and to improve them. show less

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3 reviews
A collection of academic essays. They can be hit or miss, but the hits make this well worth slogging through. My favorites were "Judgment under uncertainty", "Belief in the law of small numbers", and "Learning from experience and suboptimal rules in decision making" (I was unable to find a copy of this one online).
A wealth of information on the subject. Looking forward to subsequent volume that adds 20 years of additional research
Author Jonah Lehrer has chosen to discuss Judgment under Uncertainty: Heuristics and Biases on FiveBooks as one of the top five on his subject - Decision-Making, saying that:



“...This is one of the most influential books in modern economics. But first of all, it’s just this list of incredibly clever experiments, where Kahneman and Tversky just asked their undergraduates very simple hypothetical questions. They took these very simple protocols and transformed them into the first really hard proof that people consistently violate the expectation of rational agents. That we don’t think like homo economicus at all. Irrationality is embedded deep into our operating system. …”



The full interview is available here: show more target="_top">http://fivebooks.com/interviews/jonah-lehrer-on-decision-making show less

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Editor
23+ Works 17,357 Members
Daniel Kahneman received the 2002 Nobel Prize in Economic Sciences for his pioneering work with Amos Tversky on decision-making. (Bowker Author Biography)
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Editor
7+ Works 485 Members
Paul Slovic is a founder and President of Decision Research, a non-profit research organization investigating human judgment, decision making, and risk. He is also a Professor in the Department of Psychology, University of Oregon and a past President of the Society for Risk Analysis.
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9 Works 720 Members

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Genres
Nonfiction, Economics, General Nonfiction, Science & Nature, Philosophy
DDC/MDS
153.46Philosophy and PsychologyPsychologyConscious mental processes and intelligenceThought, thinking, reasoning, intuition, value, judgmentJudgment
LCC
BF441 .J8Philosophy, Psychology and ReligionPsychologyPsychologyConsciousness. Cognition
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399
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77,348
Reviews
3
Rating
(4.12)
Languages
English
Media
Paper, Ebook
ISBNs
4
ASINs
2