Behavioral Decision Theory

1 book

Study of how people actually make decisions, including biases, heuristics, and deviations from rationality. Examines psychological factors in choice.

Goals

To understand descriptive models of decision-making. To analyze cognitive biases and heuristics. To examine bounded rationality and decision errors. To develop awareness of psychological influences on judgment and choice.

Books

  • Cover of Against the gods: The Remarkable Story of Risk

    Against the gods: The Remarkable Story of Risk

    Peter L. Bernstein, 1996

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