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Judgment in Managerial Decision Making 7th Edition

4.2 4.2 out of 5 stars 40 ratings

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Editorial Reviews

From the Back Cover

The insights you need to become a better decision-maker
Become a better decision-maker
How to overcome your biases and make better decisions
The tools to become a better decision-maker and a better manager

When faced with a decision, we all believe we’re weighing the facts objectively and making rational, thoughtful decisions. In fact, science tells us that in situations requiring careful judgment, every individual is influenced by his or her own biases to some extent. Drawing on the very latest behavioral decision research, Judgment in Managerial Decision Making, Seventh Edition examines judgment in a variety of managerial contexts and provides important insights that can help you make better managerial decisions.

Widely-recognized by practitioners and academics in fields ranging from behavioral finance to public policy, psychology, and economics, this Seventh Edition of the classic text:

  • Discusses the motivational and emotional influences that effect decision making
  • Delves into the fairness and ethics involved in the decision-making process
  • Integrates numerous hands-on decision exercises and examples that will help readers enhance the quality of their managerial judgment
  • Provides tips and techniques on how to make rational decisions during negotiations
  • Presents seven critical strategies for improving decision making

For psychologists, the book outlines a systematic framework for using psychological findings to improve judgment. For the economist, the book suggests a critique of the clas­sic economic model of decision making. Most of all, however, for every manager or financial decision maker, this book offers a clear path to better decisions.

About the Author

Max H. Bazerman is the Jesse Isidor Straus Professor of Business Administration at the Harvard Business School. In addition, Max is also formally affiliated with the Kennedy School of Government, the Psychology Department, and the Program on Negotiation at Harvard. He is the author or co-author of over 150 research articles and chapters, and the author of numerous other books. Professor Bazerman was named one of the top 30 authors, speakers, and teachers of management by Executive Excellence in each of their two most recent rankings.

Don Moore is an Associate Professor of Organizational Behavior at Carnegie Mellon University¹s Tepper School of Business, and holder of the Carnegie Bosch Faculty Development chair.  Don is also formally affiliated with CMU's Department of Social and Decision Sciences, and he is the founding director of the Center for Behavioral Decision Research.  He received his Ph.D. in Organization Behavior from Northwestern University.

Product details

  • Publisher ‏ : ‎ Wiley; 7th edition (August 18, 2008)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 230 pages
  • ISBN-10 ‏ : ‎ 0470049456
  • ISBN-13 ‏ : ‎ 978-0470049457
  • Item Weight ‏ : ‎ 13.7 ounces
  • Dimensions ‏ : ‎ 6.26 x 0.65 x 8.98 inches
  • Customer Reviews:
    4.2 4.2 out of 5 stars 40 ratings

About the author

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Max Bazerman is the Jesse Isidor Straus Professor of Business Administration at the Harvard Business School, where his research and teaching focus on negotiation, behavioral economics, and ethics. His new book, Better, Not Perfect: A Realist's Guide to Maximum Sustainable Goodness, offers concrete advice on how we can all make the world better by maximizing our pleasure and minimizing our pain.

Max is the author, coauthor, or co-editor of 19 books and over 200 research articles and chapters. Other recent books include The Power of Experiments (with Michael Luca), The Power of Noticing, Negotiation Genius (with Deepak Malhotra), Judgment in Managerial Decision Making (with Don Moore), and Blind Spots (with Ann Tenbrunsel).

An award-winning scholar and mentor, Max has consulted, taught, and lectured with hundreds of organizations all over the world, from corporations to governments to nonprofits. His former doctoral students have accepted positions at leading business schools throughout the United States. Max has received an honorary doctorate from the University of London (London Business School). He was named one of Ethisphere's 100 Most Influential in Business Ethics and a Daily Kos Hero for going public about how the Bush Administration corrupted the RICO Tobacco trial.

You can learn more about Max by visiting www.people.hbs.edu/mbazerman

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4.2 out of 5 stars
4.2 out of 5
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