Judgment under Uncertainty: Heuristics and Biases Book by Daniel Kahneman : Immediate dispatch from Somerset. Book in excellent unread/unused condition. Softcover. English. See images for condition.

Format: Softcover

Author: Daniel Kahneman

ISBN: 9780521284141

Publication year: 2001

Condition: Used - Like New



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About the book >.>.> Judgment under Uncertainty: Heuristics and Biases by Daniel Kahneman is a foundational work that explores how individuals make judgments and predictions in uncertain situations. Over the last decade of research, it has become clear that people's intuitive inferences and probability assessments often deviate from established laws of Probability theory and statistics. Instead of adhering to these theoretical constructs, individuals tend to employ various judgmental strategies known as heuristics. While these heuristics can be efficient and effective in certain contexts, they frequently result in significant and persistent judgmental biases, leading to erroneous decision-making.Kahneman's analysis highlights the contrast between the flawed reality of human judgment capabilities and the previously upheld notion of the rational man, which prevailed in the study of thinking and decision-making for two decades after World War II. This contrast suggests a need to re-evaluate the assumptions about human rationality and to understand the limitations of our cognitive processes when faced with uncertainty. The implications of these biases are profound, affecting a wide range of fields, including economics, psychology, and everyday decision-making.Through detailed examination and empirical evidence, Judgment under Uncertainty provides critical insight into the cognitive biases and heuristics that underpin human judgments. This work invites readers to reconsider how they perceive and respond to uncertainty, fostering a deeper understanding of the complexities of human decision-making in a probabilistic world. The book serves as a vital resource for anyone interested in psychology, behavioural economics, or the intricacies of human reasoning. (SP)