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SOCIETY FOR JUDGEMENT AND DECISION MAKING 2004 ANNUAL CONFERENCE 25TH ANNIVERSARY EDITION The 25th Annual Conference of the Society for Judgment and Decision Making will be held November 19th to the 22th 2004 at the Millennium Hotel Minneapolis in Minneapolis, Minnesota. The Society for Judgment and Decision Making is an interdisciplinary academic organization dedicated to […]
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DECISION SCIENCE RESEARCHER PROFILE: DANIEL KAHNEMAN WINNER OF THE 2002 NOBEL PRIZE IN ECONOMIC SCIENCES Currently, Daniel Kahneman is both the Eugene Higgins Professor of Psychology and professor of public affairs in the Woodrow Wilson School of Public and International Affairs at Princeton University and a fellow at The Hebrew University in Jerusalem. He is […]
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RATIONAL CHOICE IN AN UNCERTAIN WORLD BY REID HASTIE AND ROBYN M. DAWES The Psychology of Judgement and Decision Making. Intended as an introductory textbook for both undergraduate and graduate students, Rational Choice In An Uncertain World lays out the foundations of decision science. In a non-technical style, Hastie and Dawes compare basic principles of […]
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THE WISDOM OF CROWDS BY JAMES SUROWIECKI Why the many are smarter than the few and how collective wisdom shapes business, economies, societies, and nations Traditionally, social sciences view the crowd as an unpredictable, dumb, and panicky monster. Now there is another point of view. New Yorker columnist James Surowiecki, who writes a popular business […]
INDIVIDUAL OR TEAM DECISION-MAKING – CAUSES AND CONSEQUENCES OF SELF-SELECTION People are social animals. There are at least two kinds of decision-making techniques. One technique is to make decisions individually. The other technique is to make decisions as a team. A recent study by Martin Kocher, Sabine Straub and Matthias Sutter, in Discussion Papers on […]