Behavioral Decision Theory

Psychological and Mathematical Descriptions of Human Choice Behavior

Business & Finance, Management & Leadership, Operations Research, Human Resources & Personnel Management, Organizational Behavior
Cover of the book Behavioral Decision Theory by Kazuhisa Takemura, Springer Japan
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Kazuhisa Takemura ISBN: 9784431545804
Publisher: Springer Japan Publication: July 8, 2014
Imprint: Springer Language: English
Author: Kazuhisa Takemura
ISBN: 9784431545804
Publisher: Springer Japan
Publication: July 8, 2014
Imprint: Springer
Language: English

This book provides an overview of behavioral decision theory and related research findings. In brief, behavioral decision theory is a general term for descriptive theories to explain the psychological knowledge related to decision-making behavior. It is called a theory, but actually it is a combination of various psychological theories, for which no axiomatic systems, such as the utility theory widely used in economics, have been established; it is often limited to qualitative knowledge. However, as suggested in the studies of H. A. Simon, who won the Nobel Prize for Economics in 1978, and D. Kahneman, who won the prize in 2002,  the psychological methodology and knowledge of behavioral decision theory have been applied widely in such fields as economics, business administration, and engineering, and are expected to become more useful in the future. This book explains various behavioral decision theories related to decision-making processes. Numerous models have been proposed to explain the psychological processes related to such a selection of decision strategies, and this book also introduces some new models that are useful to explain decision-making processes. The book concludes with speculation about the future of modern behavioral decision theories while referring to their relation to fields associated with neuroscience, such as neuroeconomics, that have been developed in recent years. In addition, each chapter includes a bibliography that can be referred to when studying more details related to behavioral decision theory.  Reading this book requires no advanced expertise; nonetheless, an introductory knowledge of psychology, business administration, and economics, and approximately a high school graduate’s level of mathematics should facilitate the reader’s comprehension of the content.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book provides an overview of behavioral decision theory and related research findings. In brief, behavioral decision theory is a general term for descriptive theories to explain the psychological knowledge related to decision-making behavior. It is called a theory, but actually it is a combination of various psychological theories, for which no axiomatic systems, such as the utility theory widely used in economics, have been established; it is often limited to qualitative knowledge. However, as suggested in the studies of H. A. Simon, who won the Nobel Prize for Economics in 1978, and D. Kahneman, who won the prize in 2002,  the psychological methodology and knowledge of behavioral decision theory have been applied widely in such fields as economics, business administration, and engineering, and are expected to become more useful in the future. This book explains various behavioral decision theories related to decision-making processes. Numerous models have been proposed to explain the psychological processes related to such a selection of decision strategies, and this book also introduces some new models that are useful to explain decision-making processes. The book concludes with speculation about the future of modern behavioral decision theories while referring to their relation to fields associated with neuroscience, such as neuroeconomics, that have been developed in recent years. In addition, each chapter includes a bibliography that can be referred to when studying more details related to behavioral decision theory.  Reading this book requires no advanced expertise; nonetheless, an introductory knowledge of psychology, business administration, and economics, and approximately a high school graduate’s level of mathematics should facilitate the reader’s comprehension of the content.

More books from Springer Japan

Cover of the book Ultra and Extremely Low Frequency Electromagnetic Fields by Kazuhisa Takemura
Cover of the book Energy Technology Roadmaps of Japan by Kazuhisa Takemura
Cover of the book Electronic Properties of Organic Conductors by Kazuhisa Takemura
Cover of the book Radioactive Waste Engineering and Management by Kazuhisa Takemura
Cover of the book Evolutionary Foundations of Economic Science by Kazuhisa Takemura
Cover of the book Advanced Environmental Wind Engineering by Kazuhisa Takemura
Cover of the book Engineering for Earthquake Disaster Mitigation by Kazuhisa Takemura
Cover of the book Noncausal Stochastic Calculus by Kazuhisa Takemura
Cover of the book Direct Measurement of the Hyperfine Structure Interval of Positronium Using High-Power Millimeter Wave Technology by Kazuhisa Takemura
Cover of the book Microbial Production by Kazuhisa Takemura
Cover of the book Applied Data-Centric Social Sciences by Kazuhisa Takemura
Cover of the book Acetic Acid Bacteria by Kazuhisa Takemura
Cover of the book Time Series Modeling for Analysis and Control by Kazuhisa Takemura
Cover of the book Development of New Catalytic Performance of Nanoporous Metals for Organic Reactions by Kazuhisa Takemura
Cover of the book Progress of Nuclear Safety for Symbiosis and Sustainability by Kazuhisa Takemura
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy