Escaping From Bad Decisions Av Kazuhisa (Professor Of Psychology And Economics And Director Center For Decision Research Waseda University Japan) Take

<p><i>Escaping from Bad Decisions: A Behavioral Decision-Theoretic Perspective </i>presents a modern, conceptual and mathematical framework that explains how decision-making under certainty, risk and uncertainty can be better understood and theoretically explained. In addition, the book provides a critical examination of psychological models in multi-attribute decision-making and evaluates and defines the constitutive elements of "good decisions" and "bad decisions." By defining ordinal utility theory relating to multi-attribute decision-making, this book re-interprets the rationality of multi-attribute decision-making based on Arrow''s general possibility theorem. This book will be ideal for graduate students and early career researchers in economics, decision theory and cognitive science.</p><br><br><ul><li>Provides a comprehensive background to the phenomena of bad decisions, considered in their economic, psychological and cognitive aspects</li><li>Reinterprets existing theories and