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Author
Language
English
Description
The authors introduce a four-step process designed to counteract the biases that inevitably creep into the decision-making process. Research in psychology has revealed that our decisions are disrupted by an array of biases and irrationalities: We are overconfident. We seek out information that supports us and downplay information that does not. We get distracted by short-term emotions. When it comes to making choices, it seems, our brains are flawed...
54) Prospect theory and foreign policy analysis in the Asia Pacific: rational leaders and risky behavior
Author
Series
Publisher
Routledge
Pub. Date
2013
Language
English
Description
"Why does North Korea behave erratically in pursuing its nuclear weapons program? Why did the United States prefer bilateral alliances to multilateral ones in Asia after World War II? Why did China become "nice"--no more military coercion--in dealing with the pro-independence Taiwan President Chen Shuibian after 2000? Why did China compromise in the negotiation of the Chunxiao gas exploration in 2008 while Japan became provocative later in the Sino-Japanese...
Series
Applications of management science volume Volume 17
Applications of management science volume Volume 16
Applications of management science volume Volume 16
Language
English
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