How do we make the judgments that inform our lives? Is there any way of consciously removing bias from the choices we make? What do our everyday personal decisions have in common with those made by groups, companies, and even nations?Nancy Kim presents a multidisciplinary introduction to the dynamic field of judgment and decision-making. This textbook delivers insights from cognitive psychology, combined with findings from neuropsychology, behavioural economics, social psychology, developmental psychology, clinical psychology, and philosophy - to give a cohesive overview of the factors that contribute to how we make judgments and decisions.Kim explains the neurological structures and cognitive processes that underlie how we make decisions and form judgments in our everyday lives. She also explores the implications of these decisions upon an individual’s prospects for health and longevity.This new edition:- Incorporates the latest research on central issues in judgement and decision-making- Includes more coverage of cognitive neuroscience, integrated throughout- Includes a new chapter on emotional, social and group decision-making- Comes with accompanying online resources, including a test bank and additional exercises to further support teaching and learning.This is an essential companion for students studying judgment and decision-making as part of psychology, cognitive neuroscience, business or economics courses.
Nancy S. Kim taught and researched the psychology of belief as Associate Professor and Director of Undergraduate Studies in the Department of Psychology at Northeastern University, USA.
1. IntroductionPART I: MAKING LIKELIHOOD JUDGMENTS2. Availability and Representativeness 3. Anchoring and Primacy Effects in Judgment PART II: JUDGMENTS OF THE PAST AND THE FUTURE4. Hindsight Bias5. Risk Perception6. PredictionPART III: DECISIONS ABOUT RESOURCES7. Expected Utility Theory8. Framing Effects and Prospect Theory9. Mental Accounting and ChoicePART IV: MAKING SENSE OF THE WORLD10. Schemas and Framework Theories11. Judging Covariation, Contingency, and Cause12. Hypothesis Testing and Confirmation BiasPART V: JUDGMENT AND DECISION-MAKING IN SOCIETY13: Belief14: Emotional, Social and Group Decision-making
There is simply no better introductory book on this topic. It is comprehensive, easy to understand, and chapters need not be read sequentially.