Straight Choices: The Psychology of Decision Making

Author:   Ben R. Newell (University of New South Wales, Australia) ,  David A. Lagnado (University College London, UK) ,  David R. Shanks
Publisher:   Taylor & Francis Ltd
Edition:   3rd edition
ISBN:  

9781032267814


Pages:   360
Publication Date:   23 June 2022
Format:   Hardback
Availability:   In Print   Availability explained
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Straight Choices: The Psychology of Decision Making


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Overview

Straight Choices provides a fascinating introduction to the psychology of decision making, enhanced by discussion of relevant examples of decision problems faced in everyday life. Thoroughly revised and updated throughout, this edition provides an integrative account of the psychology of decision-making and shows how psychological research can help us understand our uncertain world. The book emphasizes the relationship between learning and decision-making, arguing that the best way to understand how and why decisions are made is in the context of the learning and knowledge acquisition which precedes them, and the feedback which follows. The mechanisms of learning and the structure of environments in which decisions are made are carefully examined to explore their impact on our choices. The authors then consider whether we are all constrained to fall prey to cognitive biases, or whether, with sufficient exposure, we can find optimal decision strategies and improve our decision making. This edition highlights advances made in judgment and decision making research, with additional coverage of behavioral insights, nudging, artificial intelligence, and explanation-based decision making. Written in a non-technical manner, this book is an essential read for all students and researchers in cognitive psychology, behavioral economics, and the decision sciences, as well as anyone interested in the nature of decision making.

Full Product Details

Author:   Ben R. Newell (University of New South Wales, Australia) ,  David A. Lagnado (University College London, UK) ,  David R. Shanks
Publisher:   Taylor & Francis Ltd
Imprint:   Taylor & Francis Ltd
Edition:   3rd edition
Weight:   0.580kg
ISBN:  

9781032267814


ISBN 10:   103226781
Pages:   360
Publication Date:   23 June 2022
Audience:   College/higher education ,  Postgraduate, Research & Scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

PREFACE ACKNOWLEDGEMENTS 1. FALLING OFF THE STRAIGHT AND NARROW. 2. DECISION QUALITY AND AN HISTORICAL CONTEXT 3. STAGES OF JUDGMENT I: DISCOVERING, ACQUIRING AND COMBINING INFORMATION 4. STAGES OF JUDGMENT II: FEEDBACK EFFECTS AND DYNAMIC ENVIRONMENTS 5. APPRAISING PROBABILITY JUDGMENTS 6. JUDGMENTAL HEURISTICS AND BIASES 7. EXPLANATION-BASED DECISION MAKING 8. ANALYSING DECISIONS I: A GENERAL FRAMEWORK 9. ANALYSING DECISIONS II: PROSPECT THEORY AND PREFERENCE REVERSALS 10. DECISIONS FROM EXPERIENCE 11. DECISIONS ACROSS TIME 12. LEARNING TO CHOOSE, CHOOSING TO LEARN 13. OPTIMALITY AND EXPERTISE 14. TWO SYSTEMS OF JUDGMENT AND DECISION MAKING? 15. EMOTIONAL INFLUENCES ON DECISION MAKING 16. GROUP DECISION MAKING 17. APPLYING PSYCHOLOGICAL INSIGHTS TO THE WORLD OUTSIDE THE LABORATORY 18. LEARNING TO MAKE GOOD DECISIONS: WHEN, HOW AND WHY (NOT)? REFERENCES

Reviews

'This excellent book is a rare combination - an enjoyable read that beginners will like and a serious text that scholars will study'. - Daniel Kahneman, Woodrow Wilson School, Princeton University, USA


Author Information

Ben R. Newell is a Professor of Cognitive Psychology and Deputy Head in the School of Psychology at the University of New South Wales, Australia. David A. Lagnado is Professor in Cognitive and Decision Sciences in the Division of Psychology and Language Sciences at University College London, UK. David R. Shanks is Professor of Psychology and Deputy Dean of the Faculty of Brain Sciences at University College London, UK.

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