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The Adaptive Decision Maker - John W. Payne


Published: 29th February 2008
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The Adaptive Decision Maker argues that people use a variety of strategies to make judgments and choices. The authors introduce a model that shows how decision makers which strategy a person will use in a given situation. A series of experiments testing the model are presented, and the authors analyze how the model can lead to improved decisions and opportunities for further research.

'The Adaptive Decision Maker provides a compelling overview of the empirical results and conceptual framework that the authors have been pursuing in their research program over the last 15 years. The effort-accuracy framework represents an attempt to shift the research agenda from demonstrations of 'irrationality' in the form of heuristics and biases to an understanding of the causal mechanisms underlying the behaviour ... a significant work for the field of behavioural decision making as a whole.' John Carroll

Adaptive decision behaviour: an introduction
Contingencies in decision making
Deciding how to decide: an effort/accuracy framework
Studying contingent decisions: an integrated methodology
Constructive processes in decision making
Why may adaptivity fail?
Improving decisions and other practical matters
The adaptive decision maker: a look backward and a look forward
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521415057
ISBN-10: 0521415055
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 348
Published: 29th February 2008
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 23.4 x 15.6  x 2.4
Weight (kg): 0.68