Making Better Decisions: Decision Theory in Practice

ISBN: 978-1-4443-3651-1

Hardcover

232 pages

October 2010, Wiley-Blackwell

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Making Better Decisions introduces readers to some of the principal aspects of decision theory, and examines how these might lead us to make better decisions.

Introduces readers to key aspects of decision theory and examines how they might help us make better decisions
Presentation of material encourages readers to imagine a situation and make a decision or a judgment
Offers a broad coverage of the subject including major insights from several sub-disciplines: microeconomic theory, decision theory, game theory, social choice, statistics, psychology, and philosophy
Explains these insights informally in a language that has minimal mathematical notation or jargon, even when describing and interpreting mathematical theorems
Critically assesses the theory presented within the text, as well as some of its critiques
Includes a web resource for teachers and students