Judgment and Decision-Making
eBook - PDF

Judgment and Decision-Making

In the Lab and the World

  1. 305 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Judgment and Decision-Making

In the Lab and the World

About this book

How do we make the judgments that inform our lives? Is there any way of consciously removing bias from the choices we make? What do our everyday personal decisions have in common with those made by groups, companies, and even nations? In this engaging and innovative textbook, Nancy Kim presents a multidisciplinary introduction to the dynamic field of judgment and decision-making. This lucidly written text delivers insights from cognitive psychology, aptly combining with interdependent findings from fields as diverse as neuropsychology, behavioural economics, social, developmental and clinical psychology, and philosophy. Offering not only a comprehensive explanation of the neurological structures and cognitive processes that underlie how we make decisions and form judgments in our everyday lives, readers can expect to learn the implications of these decisions upon an individual's prospects for health and longevity. Understanding behaviour is a central aspect of inquiry in the psychology discipline and as such this book is an essential companion for students taking undergraduate psychology, cognitive psychology and cognitive neuroscience courses; particularly those which include a module in judgment and decision-making. This text may also be helpful for undergraduate and postgraduate business courses on the subject.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Judgment and Decision-Making by Nancy S. Kim in PDF and/or ePUB format, as well as other popular books in Psychology & Cognitive Psychology & Cognition. We have over one million books available in our catalogue for you to explore.

Information

PART
I
Making 
Likelihood 
Judgments
19
Availability 
and 
Representativeness
Learning 
Goals
By 
the 
end 
of 
this 
chapter, 
you 
will 
have:
• 
Considered 
the 
general 
problem 
of 
how 
people 
judge 
the 
likelihood 
of 
an 
event 
under 
conditions 
of 
uncertainty.
• 
Considered 
evidence 
for 
how 
people 
may 
take 
mental 
shortcuts 
such 
as 
the 
availability 
heuristic, 
representativeness 
heuristic, 
and 
other 
related 
heuristics 
to 
make 
likelihood 
judgments.
• 
Critically 
evaluated 
alternative 
ways 
of 
making 
sense 
of 
this 
evidence.
• 
Asked 
whether 
research 
on 
the 
availability 
heuristic 
can 
provide 
insight 
into 
understanding 
health-related 
reasoning.
• 
Evaluated 
whether, 
and 
how, 
the 
use 
of 
the 
availability 
heuristic 
changes 
over 
the 
developmental 
lifespan.
• 
Assessed 
the 
relationship 
between 
research 
on 
the 
representativeness 
heuris-
tic 
and 
research 
on 
stereotyping 
in 
social 
judgment.
• 
Considered 
the 
role 
of 
the 
representativeness 
heuristic 
in 
shaping 
and 
influ-
encing 
the 
study 
of 
human 
behavior 
itself.
2
Key 
Terms
Heuristic
Availability 
heuristic
Availability
Accessibility
Set-size 
judgment
Relative 
frequency-of-occurrence 
judgment
Availability-by-number 
hypothesis
Availability-by-speed 
hypothesis
Letter-class 
hypothesis
Regressed-frequencies 
hypothesis
Representativeness 
heuristic
Representativeness
Prototype
Law 
of 
small 
numbers
Law 
of 
large 
numbers
Base 
rates
Conjunction 
rule
Conjunction 
fallacy
WEIRD

Table of contents

  1. Cover
  2. Contents
  3. List of Figures
  4. Note to the Instructor
  5. Preface
  6. Notes on the Author
  7. 1 Introduction
  8. Part I: Making Likelihood Judgments
  9. Part II: Judgments of the Past and the Future
  10. Part III: Decisions about Resources
  11. Part IV: Making Sense of the World
  12. Part V: Judgment and Decision-Making in Society
  13. References
  14. Index