Judgment and Decision Making

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brunswik
Category=JMA
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Category=JMR
Combined Error Model
Confidence Judgments
decision-making
Diff Con
dynamic
Dynamic Decision Task
egon
Egon Brunswik
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Everyday Life
Fire Fighting Units
Follow
GEF Hypothesis
General Knowledge Items
General Knowledge Question
Hard Easy Effect
Heuristic Competence
Human Decision Behavior
JDM Research
Long Run Relative Frequency
mental
Mental Accounts
overconfidence
Overconfidence Phenomena
Peer Review
phenomenon
probabilities
Sensory Discrimination Task
SEU Theory
subjective
Subjective Probabilities
Subjective Probability Measure
Subjective Utility Function
Vice Versa

Product details

  • ISBN 9781138003279
  • Weight: 476g
  • Dimensions: 152 x 229mm
  • Publication Date: 05 Feb 2015
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Research on human judgment and decision making has been strongly guided by a normative/descriptive approach, according to which human decision making is compared to the normative models provided by decision theory, statistics, and the probability calculus. A common empirical finding has been that human behavior deviates from the prescriptions by normative models--that judgments and decisions are subject to cognitive biases.

It is interesting to note that Swedish research on judgment and decision making made an early departure from this dominating mainstream tradition, albeit in two different ways. The Neo-Brunswikian research highlights the relationship between the laboratory task and the adaptation to a natural environment. The process-tracing approach attempts to identify the cognitive processes before, during, and after a decision. This volume summarizes current Swedish research on judgment and decision making, covering topics, such as dynamic decision making, confidence research, the search for dominance structures and differentiation, and social decision making.