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Judgment in Managerial Decision Making 4th Edition
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Top Customer Reviews
The only major weakness in the book has to do with its discussion of the multiparty decision-making process. Because of the complex dynamics of these multiparty situations, Bazerman is forced to limit his coverage to only a select number of issues that he believes are especially pertinent to understanding decision making among several groups. Academics have also spent less formal research time on multiparty decision-making versus two-party and individual decision making. Therefore, the number of real-world contemporary examples are quite limited, making the reader less inclined to believe the results.
Bazerman's focus on common decion biases and heuristics makes us think a lot about how we make decisions and normally has nothing to do with rational quantitative "perfect world" decision making normally teached at business schools. Do read this book if Decision Making Theory is important for you, this is really a classic on this subject!!!! With less than 200 pages you really can't afford not reading it.
Most Recent Customer Reviews
Although an academic best seller, I found the writing and content dull and uninteresting. After the first 30 pages, I enacted my 30 page rule & skimmed the remaining pages - could... Read morePublished 17 months ago by Dancing Fool
I use this in my course on behavioral decision making. Highly readable and useful.Published on August 12, 2003