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PROBLEMS FOR JUDGMENT AND DECISIONMAKING
R. Hastie
Psychology Department, University of Colorado, Boulder, Colorado 80309-0345;
e-mail:
reid.hastie@colorado.edu
Key Words values, utilities, preferences, expectations, uncertainty, decision weights, probabilities reference point, emotions
Abstract
This review examines recent developments during the past 5 years in the field of judgment and decision making, written in the form of a list of 16 research problems. Many of the problems involve natural extensions of traditional, originally rational, theories of decision making. Others are derived from descriptive algebraic modeling approaches or from recent developments in cognitive psychology and cognitive neuroscience.
