{"product_id":"9780128160336","title":"Escaping from Bad Decisions: A Behavioral Decision-Theoretic Perspective","description":"Escaping from Bad Decisions presents a modern conceptual and mathematical framework of the decision-making process. By interpreting ordinal utility theory as normative analysis examined in view of rationality, it shows how decision-making under certainty, risk, and uncertainty can be better understood. It provides a critical examination of psychological models in multi-attribute decision-making, and evaluates the constitutive elements of \"good\" and \"bad\" decisions. Multi-attribute decision-making is analysed descriptively, based on the psychological model of decision-making and computer simulations of decision strategies. Finally, prescriptive examinations of multi-attribute decision-making are performed, supporting the argument that decision-making from a pluralistic perspective creates results that can help \"escape\" from bad decisions.\u003cp\u003e\u003c\/p\u003eThis book will be of particular interest to graduate students and early career researchers in economics, decision-theory, behavioral economics, experimental economics, psychology, cognitive sciences, and decision neurosciences.\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e- Provides a comprehensive background to the phenomena of bad decisions, considered in their economic, psychological and cognitive aspects\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e- Reinterprets existing theories and phenomena and proposes a new overview of decision behaviors by integrating mathematical and psychological perspectives\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e- Adapts model-based techniques, such as mathematical model based functional magnetic resonance imaging (fMRI) using mathematical models of the decision process","brand":"Elsevier Science \u0026 Technology Books","offers":[{"title":"Default Title","offer_id":46588956606705,"sku":"9780128160336","price":150.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0674\/5433\/7265\/files\/9780128160336_p0.jpg?v=1765839283","url":"https:\/\/shop.barnesandnoble.com\/products\/9780128160336","provider":"Barnes \u0026 Noble","version":"1.0","type":"link"}