Rational Choice in an Uncertain World: The Psychology of Judgement and Decision Making [Paperback]

Reid Hastie (Author), Robyn M. Dawes (Author)

Book Description

Publication Date: June 15, 2001 | ISBN-10: 076192275X | ISBN-13: 978-0761922759 | Edition: 1

In Rational Choice in an Uncertain World, renowned authors Hastie and Dawes compare the basic principles of rationality with actual behavior in making decisions. They describe theories and research finding from the field of judgement and decision making in a non-technical manner, using anecdotes as a teaching device. Intended as an introductory textbook for advanced undergraduate and graduate students, the material not only is of scholarly interest but is practical as well.

Editorial Reviews

Review

"Concise text that resonates with students." (Eric J. Michel 20090803)

From the Publisher

William James Award from the American Psychological Association

See all Editorial Reviews

Product Details

• Paperback: 392 pages
• Publisher: SAGE Publications, Inc; 1 edition (June 15, 2001)
• Language: English
• ISBN-10: 076192275X
• ISBN-13: 978-0761922759
• Product Dimensions: 6 x 0.8 x 9 inches
• Shipping Weight: 1.6 pounds
• Average Customer Review: 4.2 out of 5 stars  See all reviews (14 customer reviews)
• Amazon Best Sellers Rank: #223,784 in Books (See Top 100 in Books)
  • #56 in Books > Medical Books > Psychology > Occupational & Organizational

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Most Helpful Customer Reviews

24 of 25 people found the following review helpful

4.0 out of 5 stars An interesting read January 14, 2003

By "phoenix830"

Format:Paperback

I read this book as part of a college course on cognition. It was defintely the most interesting of the 3 books we read in this class.

The book effectively teaches you how to go about making well-thought-out decisions. The text in itself is easy to read and comprehend. There are also many apt examples, both abstract and from everyday life. This combination ensures a successful reading of this book.

While I would have probably never read this book if not for the class I took, I'm glad I did and would recommend this people from all walks of life. Being able to make a good, well-thought-out, rational decision is the best skill one can have.

17 of 17 people found the following review helpful

5.0 out of 5 stars A must for all Decision Analysis Consultants November 5, 2001

By "cagrier"

Format:Paperback

As a management consultant working with clients to make higher quality decisions, I have made many observations of how people (especially executives and groups) make business decisions. But observing how they make decisions is different than "why" they decide what they decide. This book provides so much insight into the "why" it is definitely worth the reading. While the book is very valuable on the "why" it is a little dated on state of the art analytic decision techniques. But with that said, I would highly recommend this book to any consultant (OE, OD, DA, etc.) working with individuals or groups where decisions are being made.

14 of 14 people found the following review helpful

5.0 out of 5 stars A great update to a classic July 27, 2002

By A Customer

Format:Paperback

The addition of Reid Hastie as an author to Robyn Dawes' classic text on judgment and decision making was superb choice. This edition appears to be written very much in Hastie's voice, from the perspective of a cognitive psychologist. Moreover, we find additional attention paid to algebraic models, which was something that was missing from previous editions. Hastie and Dawes ranks as one of the essential readings for the judgment and decision-making field.