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In Rational Choice in an Uncertain World, renowned authors Hastie and Dawes compare the basic principles of rationality with actual behavior in making decisions. They describe theories and research finding from the field of judgement 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.
Thinking and Deciding
What is Decision Making?
A General Framework for Judgment
Judgments from Memory
Anchoring and Adjustment
Judgment by Similarity
Judging by Scenarios and Explanations
Thinking about Randomness and Causation
Thinking Rationally about Uncertainty
Complex Values and Attitudes
A Normative, Rational Decision Theory
A Descriptive, Psychological Decision Theory
In Praise of Uncertainty