Making Better Decisions: Decision Theory in Practice

Making Better Decisions introduces readers to some of the principal aspects of decision theory, and examines how these might lead us to make better decisions.Introduces readers to key aspects of decision theory and examines how they might help us make better decisionsPresentation of material encourages readers to imagine a situation and make a decision or a judgmentOffers a broad coverage of the subject including major insights from several sub-disciplines: microeconomic theory, decision theory, game theory, social choice, statistics, psychology, and philosophyExplains these insights informally in a language that has minimal mathematical notation or jargon, even when describing and interpreting mathematical theoremsCritically assesses the theory presented within the text, as well as some of its critiquesIncludes a web resource for teachers and students