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Judgments, Decisions, and Public Policy (Cambridge Series on Judgment and Decision Making)
 
 
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Judgments, Decisions, and Public Policy (Cambridge Series on Judgment and Decision Making) [Hardcover]

Rajeev Gowda (Editor), Jeffrey C. Fox (Editor)

Price: $113.00 & this item ships for FREE with Super Saver Shipping. Details
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Hardcover, January 28, 2002 $113.00  
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Book Description

January 28, 2002 052166084X 978-0521660846
When people make judgments and choices, especially when faced with uncertainty, they behave in a manner that seems complex and irrational. Cognitive psychologists have identified and organized these patterns of behavior into a descriptively accurate model of human judgments and choices called behavioral decision theory. Incorporating this theory's insights in public policy analysis will enhance our ability to design better policies and enable us to understand the limits of effective regulation.

Editorial Reviews

Review

Review of the hardback: '... a useful and stimulating addition to the Cambridge series. It illustrates well the breadth of areas where behavioural decision theory can inform our understanding of the patterns of behaviour and response we encounter. It identifies the fact that we are at the stage where we are becoming only too uncomfortably aware of the magnitude and diversity of the challenges - but where, as yet, we have only reached a limited understanding of how to take proper account of them in the formulation and implementation of public policy.' Journal of Risk Research

Book Description

When people make judgments and choices, especially when faced with uncertainty, they behave in a manner that seems complex and irrational. Cognitive psychologists have identified and organized these patterns of behavior into a descriptively accurate model of human judgments and choices called behavioral decision theory. Incorporating this theory's insights in public policy analysis will enhance our ability to design better policies and enable us to understand the limits of effective regulation.

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Inside This Book (learn more)
First Sentence:
People who make or implement public policy must often estimate probabilities, predict outcomes, and make decisions that affect the welfare, values, and lives of many others. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
simple majority scheme, gas main heating, bill sensitivity, reformulated gas, evaluability hypothesis, judgmental shortcuts, behavioral decision theory, wins scheme, biases tradition, cumulative prospect theory, affect heuristic, social amplification, omission bias, diminishing sensitivity, preference reversals, theoretic insights, comparative settings, relative bias, regret theory, behavioral law, base rate information, negative ads, intuitive scientists, conjunction fallacy
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, United States, Journal of Risk, Cambridge University Press, High Bias, American Economic Review, Las Vegas, Psychological Review, Low Bias, Los Angeles, San Diego, American Political Science Review, University of Chicago Press, Harvard University Press, New Jersey, Ben Cone, May-June July-Oct, Quarterly Journal of Economics, Variable Feb, Oxford University Press, Princeton University Press, San Francisco, United Nations, Journal of Experimental Psychology, Environmental Protection Agency
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