This book wins points by being comprehensive, including numerous exercises to demonstrate biases to the reader, and really getting to the point. Insights pop out at every page without lots of fluffy prose. The recommendations are also more practical than other books.
Alternatives:
Rational Choice in an Uncertain World by Reid Hastie and Robyn Dawes. A good, well-rounded alternative. Its primary weakness is the lack of exercises.
Making Better Decisions: Decision Theory in Practice by Itzhak Gilboa. Filled with exercises, this book would be a great supplement to a course on this subject, but it wouldn’t stand alone on self-study. This book specializes in probability and quantitative models, so it’s not as practical, but if you’ve read Bazerman and Moore, read this next if you want to see more of the economic/decision theory approach.
How to Think Straight about Psychology by Keith Stanovich. Slanted towards what science is and how to perform and evaluate experiments, this is still a decent introduction.
Smart Choices by John Hammond, Ralph Keeney, and Howard Raiffa. Not recommended. Few studies cited and few technical insights, if my memory is correct. The book doesn’t go far beyond “clarify your problem, your objectives, and the possible alternatives”.
If I’m interested in learning about the claims made by the science/study of decision-making, and not looking to make decisions myself (so perhaps exercises don’t matter?) would that change your recommendation? You can further assume that I am moderately well trained in probability theory.
Subject: Introductory Decision Making/Heuristics and Biases
Recommendation: Judgment in Managerial Decision Making by Max Bazerman and Don Moore.
This book wins points by being comprehensive, including numerous exercises to demonstrate biases to the reader, and really getting to the point. Insights pop out at every page without lots of fluffy prose. The recommendations are also more practical than other books.
Alternatives:
Rational Choice in an Uncertain World by Reid Hastie and Robyn Dawes. A good, well-rounded alternative. Its primary weakness is the lack of exercises.
Making Better Decisions: Decision Theory in Practice by Itzhak Gilboa. Filled with exercises, this book would be a great supplement to a course on this subject, but it wouldn’t stand alone on self-study. This book specializes in probability and quantitative models, so it’s not as practical, but if you’ve read Bazerman and Moore, read this next if you want to see more of the economic/decision theory approach.
How to Think Straight about Psychology by Keith Stanovich. Slanted towards what science is and how to perform and evaluate experiments, this is still a decent introduction.
Smart Choices by John Hammond, Ralph Keeney, and Howard Raiffa. Not recommended. Few studies cited and few technical insights, if my memory is correct. The book doesn’t go far beyond “clarify your problem, your objectives, and the possible alternatives”.
Excellent. I also like Baron’s Thinking and Deciding.
If I’m interested in learning about the claims made by the science/study of decision-making, and not looking to make decisions myself (so perhaps exercises don’t matter?) would that change your recommendation? You can further assume that I am moderately well trained in probability theory.
Judgment is also available for free at archive.org
Free to “borrow”.