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Wise Choices: Decisions, Games, and Negotiations
 
 
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Wise Choices: Decisions, Games, and Negotiations [Hardcover]

Richard J. Zeckhauser (Editor), Ralph L. Keeney (Editor), James K. Sebenius (Editor)


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Book Description

May 1, 1996
Wise Choices will help all those faced with consequential decisions, ambiguous alternatives, and uncertain outcomes to make choices that improve the welfare of individuals and society. In this book, leading scholars in economics, psychology, statistics, and decision theory grapple with the perennial question of how to make wise choices. In 23 articles, they explore topics such as individual decision making under uncertainty and the process of forging negotiated agreements. The contributors also analyze decisions regarding personal medical problems, national public policies, business investments, and international diplomacy.

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About the Author

Ralph L. Keeney is among the world's best-known experts on resolving complex decision problems. James K. Sebenius, a principal of Lax Sebenius is the Gordon Donaldson Professor of Business Administration at Harvard Business School, and serves on the Executive Committee of the Program on Negotiation at Harvard Law School.

Product Details

  • Hardcover: 478 pages
  • Publisher: Harvard Business Press (May 1, 1996)
  • Language: English
  • ISBN-10: 0875846777
  • ISBN-13: 978-0875846774
  • Product Dimensions: 9.5 x 6.4 x 1.5 inches
  • Shipping Weight: 1.9 pounds
  • Amazon Best Sellers Rank: #1,917,081 in Books (See Top 100 in Books)

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Inside This Book (learn more)
First Sentence:
Casual observations as well as controlled experiments indicate that people often make decisions that are at variance with the rational theory of choice. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
medical decision analyses, unilateral punishment, integrativeness quotient, portfolio risk aversion, extensive form treatment, interactive belief system, interactive decision theory, fair play argument, fair play principle, greenhouse abatement, equilibrium benchmark, advantageous cooperative venture, climate target, consumption increments, equilibrium entry, representativeness error, description invariance, procedure invariance, ultimate payers, deference patterns, value tradeoffs, complex policy problems, large economic costs, substitution axiom, risk neutral person
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Howard Raiffa, United States, Amos Tversky, Cambridge University Press, Harvard University Press, Harvard Business School, Richard Zeckhauser, Princeton University Press, Daniel Kahneman, Management Science, Paul Slovic, American Economic Review, Ralph Keeney, Ann Arbor, Distribution of Student, James Sebenius, New England Journal of Medicine, Rain Detector, Department of Economics, Thomas Schelling, Total Number of Responses, Division of Research, John Rawls, Peyton Young
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