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A Science of Decision Making The Legacy of Ward Edwards 1st Edition by Jie W Weiss, David J Weiss ISBN 0195322983 9780195322989

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A Science of Decision Making The Legacy of Ward Edwards 1st Edition Jie W. Weiss Digital Instant Download

Author(s): Jie W. Weiss, David J. Weiss
ISBN(s): 9780195322989, 0195322983
Edition: 1
File Details: PDF, 10.65 MB
Year: 2008
Language: english
SKU: EB-5214172 Category: Tags: ,

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ISBN 10: 0195322983
ISBN 13: 9780195322989
Author: Jie W Weiss, David J Weiss

Ward Edwards is well known as the father of behavioral decision making. In his 1954 Psychological Bulletin paper on decision making, he brought psychological ideas into what had been the province of economists. His influence in this realm is so pervasive that the Nobel committee was able to trace a direct path from Edwards’s work to Daniel Kahneman’s 2002 Prize for prospect theory. In a 1963 Psychological Review paper, Edwards brought Bayesian statistics to the attention of psychologists, who have continued to proliferate Bayesian ideas, underscoring the importance of the perspective. In a 1962 IEEE paper, Edwards foresaw how the world of intelligence gathering and analysis could by transformed by systems in which humans provided (subjective) probabilities and machines provided computational power. He also showed, in a 1986 book written with Detlof von Winterfeldt, how multiattribute utility analysis could help real-world decision makers generate satisfactory solutions to complex
problems.

In this book, 29 of Ward Edwards’s most important published papers are reprinted, a selection that spans six decades, allowing the reader to see how this strikingly creative thinker generated many of the ideas that are now core beliefs among current researchers. It is perhaps less well known that Edwards continued to make substantial contributions during the years after his retirement. Illness reduced his public appearances, but he continued his incisive thinking behind the scenes. At the time of his passing, he was involved in several projects, and seven new papers from these projects were completed for this book by his last set of collaborators.

Edwards’s papers are a treat to read. His prose is the model of elegant simplicity, yet full of style and wit. With each paper, the editors have included a short introduction that presents Edwards’s reflections on the content or impact of the older papers, or describes the creation of the new ones. Obituaries written by former students and colleagues flesh out the human side of this remarkable scholar.

A Science of Decision Making The Legacy of Ward Edwards 1st Table of contents:

  • Chapter 1: Early Foundations of Decision Science

    • The Development of Decision Theory

    • Historical Context and the Rise of Behavioral Decision Theory

    • Ward Edwards’ Early Work and Influences

  • Chapter 2: Theories of Rational Decision Making

    • Classical Decision Theory: Normative vs. Descriptive Models

    • The Role of Probability and Utility in Rational Decision Making

    • Ward Edwards’ Contributions to Rational Choice Theory

  • Chapter 3: The Psychology of Decision Making

    • Psychological Influences on Decision Making

    • Bounded Rationality: Heuristics and Biases

    • The Influence of Cognitive Science on Decision Theory

  • Chapter 4: Decision Making Under Uncertainty

    • Risk, Uncertainty, and Decision Making

    • Models for Decision Making in Uncertain Environments

    • Ward Edwards’ Work on Risk Perception and Risk Taking

  • Chapter 5: Behavioral Decision Theory

    • Descriptive Decision Models: How People Actually Decide

    • The Influence of Emotions and Cognitive Biases in Decision Making

    • Applications of Behavioral Decision Theory in Real-World Scenarios

  • Chapter 6: Decision Analysis and Applications

    • Introduction to Decision Analysis: Frameworks and Tools

    • Decision Trees, Utility Theory, and Sensitivity Analysis

    • Ward Edwards’ Contributions to Decision Support Systems

  • Chapter 7: Group Decision Making and Social Influence

    • The Dynamics of Group Decision Making

    • Social Influence and Decision Making in Groups

    • Applications of Edwards’ Work in Organizational and Social Decision Making

  • Chapter 8: Ethical and Practical Aspects of Decision Making

    • Ethical Challenges in Decision Making

    • Ward Edwards’ Thoughts on Ethical Decision Making

    • Real-World Case Studies in Ethical Decision Making

  • Chapter 9: Advances in Decision Making Since Edwards

    • How Ward Edwards’ Work Has Shaped Modern Decision Science

    • The Integration of Decision Science with Other Fields (e.g., Economics, Neuroscience)

    • The Future of Decision Science and Emerging Trends

  • Chapter 10: Reflections on Ward Edwards’ Legacy

    • The Impact of Edwards’ Work on the Field

    • Personal Reflections from Colleagues and Scholars

    • The Enduring Relevance of Edwards’ Contributions to Decision Science

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Tags: Jie W Weiss, David J Weiss, Science, Ward Edwards