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Decision Science and Technology

Reflections on the Contributions of Ward Edwards

  • Book
  • © 1999

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Editors:
  1. James Shanteau

    1. Kansas State University, USA

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  2. Barbara A. Mellers

    1. Ohio State University, USA

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  3. David A. Schum

    1. George Mason University, USA

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Table of contents (24 chapters)

  1. Front Matter

    Pages i-xii
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  2. Introduction

    1. Front Matter

      Pages 1-1
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    2. Introduction

      • Barbara A. Mellers
      Pages 3-5

  3. Behavioral Decision Theory

    1. Front Matter

      Pages 7-7
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    2. On the Interplay of Riskless and Risky Utility

      • R. Duncan Luce
      Pages 9-26

    3. The Paradoxes of Allais, Stochastic Dominance, and Decision Weights

      • Michael H. Birnbaum
      Pages 27-52

    4. Who’s Afraid of a Little Risk? New Evidence for General Risk Aversion

      • Elke U. Weber
      Pages 53-64

    5. Manipulating Hedonic Strategies of Choice

      • Alan Schwartz, Barbara A. Mellers, Tanya Metzger
      Pages 65-79

    6. How Good are Fast and Frugal Heuristics?

      • Gerd Gigerenzer, Jean Czerlinski, Laura Martignon
      Pages 81-103

    7. Decision Making by Experts: The GNAHM Effect

      • James Shanteau
      Pages 105-130

  4. Decision Analysis

    1. Front Matter

      Pages 131-131
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    2. On the Relevance of Behavioral Decision Research for Decision Analysis

      • Detlof von Winterfeldt
      Pages 133-154

    3. Evaluation of Probabilities: A Level Playing Field?

      • Robert L. Winkler
      Pages 155-170

    4. A Robust Bayesian Look at the Theory of Precise Measurement

      • Elias Moreno, Luis R. Pericchi, Joseph B. Kadane
      Pages 171-181

    5. Probabilistic Reasoning and the Science of Complexity

      • David A. Schum
      Pages 183-209

    6. Linear Inequalities and the Analysis of Multi-Attribute Value Matrices

      • F. Hutton Barron, Bruce E. Barrett
      Pages 211-225

    7. Life and Death Decisions for Individuals and Couples

      • Ronald A. Howard
      Pages 227-254

    8. Robot Ethics, Value Systems and Decision Theoretic Behaviors

      • Tod S. Levitt
      Pages 255-269

    9. Decision-Theoretic Troubleshooting: A Framework for Repair and Experiment

      • John S. Breese, David Heckerman
      Pages 271-287

  5. Decisions in Society

    1. Front Matter

      Pages 289-289
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Keywords

About this book

Decision Science and Technology is a compilation of chapters written in honor of a remarkable man, Ward Edwards. Among Ward's many contributions are two significant accomplishments, either of which would have been enough for a very distinguished career. First, Ward is the founder of behavioral decision theory. This interdisciplinary discipline addresses the question of how people actually confront decisions, as opposed to the question of how they should make decisions. Second, Ward laid the groundwork for sound normative systems by noticing which tasks humans can do well and which tasks computers should perform. This volume, organized into five parts, reflects those accomplishments and more.
The book is divided into four sections: `Behavioral Decision Theory' examines theoretical descriptions and empirical findings about human decision making. `Decision Analysis' examines topics in decision analysis.`Decision in Society' explores issues in societal decision making. The final section, `Historical Notes', provides some historical perspectives on the development of the decision theory. Within these sections, major, multi-disciplinary scholars in decision theory have written chapters exploring some very bold themes in the field, as an examination of the book's contents will show.
The main reason for the health of the Decision Analysis field is its close links between theory and applications that have characterized it over the years. In this volume, the chapters by Barron and Barrett; Fishburn; Fryback; Keeney; Moreno, Pericchi, and Kadane; Howard; Phillips; Slovic and Gregory; Winkler; and, above all, von Winterfeldt focus on those links. Decision science originally developed out of concern with real decision problems; and applied work, such as is represented in this volume, will help the field to remain strong.

Editors and Affiliations

  • Kansas State University, USA

    James Shanteau

  • Ohio State University, USA

    Barbara A. Mellers

  • George Mason University, USA

    David A. Schum

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