Theory and Decision Library

Utility, Probability, and Human Decision Making

Selected Proceedings of an Interdisciplinary Research Conference, Rome, 3–6 September, 1973

Editors: Wendt, Dirk, Vlek, C.A. (Eds.)

Free Preview

Buy this book

eBook $169.00
price for USA in USD
  • ISBN 978-94-010-1834-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $279.99
price for USA in USD
  • ISBN 978-90-277-0603-4
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
Softcover $219.99
price for USA in USD
  • ISBN 978-94-010-1836-4
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
About this book

Human decision making involves problems which are being studied with increasing interest and sophistication. They range from controversial political decisions via individual consumer decisions to such simple tasks as signal discriminations. Although it would seem that decisions have to do with choices among available actions of any kind, there is general agreement that decision making research should pertain to choice prob­ lems which cannot be solved without a predecisional stage of finding choice alternatives, weighing evidence, and judging values. The ultimate objective of scientific research on decision making is two-fold: (a) to develop a theoretically sound technology for the optimal solution of decision problems, and (b) to formulate a descriptive theory of human decision making. The latter may, in tum, protect decision makers from being caught in the traps of their own limitations and biases. Recently, in decision making research the strong emphasis on well­ defined laboratory tasks is decreasing in favour of more realistic studies in various practical settings. This may well have been caused by a growing awareness of the fact that decision-behaviour is strongly determined by situational factors, which makes it necessary to look into processes of interaction between the decision maker and the relevant task environ­ ment. Almost inevitably there is a parallel shift of interest towards problems of utility measurement and the evaluation of consequences.

Table of contents (26 chapters)

Table of contents (26 chapters)
  • Editors’ Introduction

    Pages 3-5

    Wendt, Dirk (et al.)

  • Experimental Applications of Multi-Attribute Utility Models

    Pages 7-46

    Fischer, Gregory W.

  • Multi-Attribute Utility Theory: Models and Assessment Procedures

    Pages 47-85

    Winterfeldt, Detlof (et al.)

  • How We can Use the Notion of Semi-Orders to Build Outranking Relations in Multi-Criteria Decision Making

    Pages 87-112

    Jacquet-Lagrèze, Eric

  • Multi-Criteria Decision Making: Comments on Jacquet-Lagrèze’s Paper

    Pages 113-117

    Winterfeldt, Detlof

Buy this book

eBook $169.00
price for USA in USD
  • ISBN 978-94-010-1834-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $279.99
price for USA in USD
  • ISBN 978-90-277-0603-4
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
Softcover $219.99
price for USA in USD
  • ISBN 978-94-010-1836-4
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
Loading...

Bibliographic Information

Bibliographic Information
Book Title
Utility, Probability, and Human Decision Making
Book Subtitle
Selected Proceedings of an Interdisciplinary Research Conference, Rome, 3–6 September, 1973
Editors
  • Dirk Wendt
  • C.A. Vlek
Series Title
Theory and Decision Library
Series Volume
11
Copyright
1975
Publisher
Springer Netherlands
Copyright Holder
D. Reidel Publishing Company, Dordrecht, Holland
eBook ISBN
978-94-010-1834-0
DOI
10.1007/978-94-010-1834-0
Hardcover ISBN
978-90-277-0603-4
Softcover ISBN
978-94-010-1836-4
Edition Number
1
Number of Pages
432
Topics