Making better decisions: decision theory in practice

Research output: Book/ReportBookpeer-review


"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 decisions.Presentation of material encourages readers to imagine a situation and make a decision or a judgment.Offers a broad coverage of the subject including major insights from several sub-disciplines: microeconomic theory, decision theory, game theory, social choice, statistics, psychology, and philosophy.Explains these insights informally in a language that has minimal mathematical notation or jargon, even when describing and interpreting mathematical theorems Critically assesses the theory presented within the text, as well as some of its critiques Includes a web resource for teachers and students"--
Original languageEnglish
Place of PublicationChichester, West Sussex; Malden, MA
Number of pages219
ISBN (Print)9781444336511, 9781444336528
StatePublished - 2011

ULI Keywords

  • uli
  • Decision making -- Research -- Methodology
  • Decision trees
  • Happiness -- Psychological aspects
  • Judgment -- Psychological aspects -- Case studies
  • Probabilities
  • Risk assessment
  • Uncertainty
  • Well-being
  • Statistical inference -- Probabilities
  • Probability
  • Analysis, Risk
  • Assessment, Risk
  • Risk analysis
  • Risk evaluation
  • Welfare (Personal well-being)


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