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Making Better Decisions: Decision Theory in Practice

Making Better Decisions: Decision Theory in Practice

ISBN: 9781444336511
Publisher: 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

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