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Behavioral Decision Theory: Psychological and Mathematical Descriptions of Human Choice Behavior

Behavioral Decision Theory: Psychological and Mathematical Descriptions of Human Choice Behavior

Hardcover

Business GeneralGeneral Sociology

ISBN10: 9811654522
ISBN13: 9789811654527
Publisher: Springer Nature
Published: Sep 30 2021
Pages: 394
Weight: 1.66
Height: 0.94 Width: 6.14 Depth: 9.21
Language: English
This book is the second edition of Behavioral Decision Theory, published in 2014. The main approach and structure of this book have been retained in the new edition. However, this second edition provides a fresh overview of the idea of behavioral decision theory and related research findings such as theoretical and empirical discoveries of preference formation, time discounting, social interaction, and social decision making. The book covers a wide range from classical to relatively recent major studies concerning behavioral decision theory, which, in brief, is a general term for descriptive theories to explain the psychological knowledge related to people's decision-making behavior. It is called a theory but is actually a combination of various psychological theories, for which no axiomatic systems--such as those associated with the utility theory widely used in economics--have been established.

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Business General