An excellent review of the science on rational decision making and common irrational foibles more detailed and academic than a pop psych book but still very approachable for undergraduates or anyone with an interest in the field. In rational choice in an uncertain world renowned authors hastie and dawes compare the basic principles of rationality with actual behavior in making decisionsthey describe theories and research finding from the field of judgement and decision making in a non technical manner using anecdotes as a teaching device. Rational choice in an uncertain world the psychology of judgment and decision making edition 2 the authors are highly respected as leading figures in the field of judgment and decision making there are many existing books on topics related to judgment and decision making but this book makes a unique contribution to this field because of . An abundance of examples from areas such as finance medicine law and engineering anchor concepts to the real world increased consideration of descriptive psychological models of decision making augment the original emphasis on normative rational expected utility theory models bring the book up to date. First edition winner of the prestigious william james award from the american psychological association an understanding of the principles of rational decision making can help students improve the quality of their lives intended as an introductory textbook the material in rational choice in an uncertain world is not only of scholarly interest but practical as well
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