Behavioral Decision Theory

Psychological and Mathematical Descriptions of Human Choice Behavior


ISBN: 978-4-431-54579-8 (Print) 978-4-431-54580-4 (Online)
Download Book (2,691 KB) As a courtesy to our readers the eBook is provided DRM-free. However, please note that Springer uses effective methods and state-of-the art technology to detect, stop, and prosecute illegal sharing to safeguard our authors’ interests.

Table of contents (13 chapters)

  1. Front Matter

    Pages i-xv

  2. Behavioral Decision Theory and the Idea of It

    1. Front Matter

      Pages 1-1

    2. Book Chapter

      Pages 3-13

      Decision-Making Phenomenon and Behavioral Decision Theory

  3. Preference Reversal Phenomenon and Description of the Phenomenon

    1. Front Matter

      Pages 15-15

    2. Book Chapter

      Pages 17-25

      Ordinal Utility and Preference Reversal Phenomenon

    3. Book Chapter

      Pages 27-35

      Causes of Preference Reversal Phenomenon

    4. Book Chapter

      Pages 37-46

      Psychology of Preference Reversals and Prominence Hypothesis

  4. Expected Utility Theory and Its Counterexamples

    1. Front Matter

      Pages 47-47

    2. Book Chapter

      Pages 49-61

      Expected Utility Theory and Psychology

    3. Book Chapter

      Pages 63-73

      Axioms and Counterexamples Expected Utility Theory

  5. Decision Making and Prospect Theory

    1. Front Matter

      Pages 75-75

    2. Book Chapter

      Pages 77-88

      Preference Paradox and Nonlinear Expected Utility Theory

    3. Book Chapter

      Pages 89-100

      Prospect Theory and Decision-Making Phenomena

  6. The Framing Effect and Its Descriptions

    1. Front Matter

      Pages 101-101

    2. Book Chapter

      Pages 103-114

      The Framing Effect of Decision Making

    3. Book Chapter

      Pages 115-124

      Theories Used to Explain the Framing Effect

  7. Decision-Making Process and Its Theory

    1. Front Matter

      Pages 125-125

    2. Book Chapter

      Pages 127-141

      Decision-Making Process

    3. Book Chapter

      Pages 143-164

      Behavioral Decision Theories that Explain Decision-Making Processes

  8. Behavioral Decision Theory and Good Decision Making

    1. Front Matter

      Pages 165-165

    2. Book Chapter

      Pages 167-202

      Behavioral Decision Theory and Good Decision Making

  9. Back Matter

    Pages 203-207