'Judgment in Managerial Decision Making' delves into the psychology behind how managers make decisions, often influenced by cognitive biases and errors. Bazerman and Moore reveal the surprising ways these biases can lead to poor outcomes, even among experienced leaders. With compelling real-world examples, the authors illustrate practical strategies to improve decision-making processes. This book challenges readers to recognize their own psychological blind spots. Dive into this insightful exploration and transform the way you approach critical decisions in your professional life!
By Max H. Bazerman, Don A. Moore
Published: 2012
"In the realm of decision-making, the true challenge lies not just in the choices we face, but in understanding the biases that cloud our judgment."
Behavioral decision research provides many important insights into managerial behavior. From negotiation to investment decisions, the authors weave behavioral decision research into the organizational realm by examining judgment in a variety of managerial contexts. Embedded with the latest research and theories, Managerial Decision Making 8th Edition gives students the opportunity to understand their own decision-making tendencies, learn strategies for overcoming cognitive biases, and become better decision makers.
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“In the realm of decision-making, the true challenge lies not just in the choices we face, but in understanding the biases that cloud our judgment.”
Judgment in Managerial Decision Making
By Max H. Bazerman, Don A. Moore
Discover a world of knowledge through our extensive collection of book summaries.
Max H. Bazerman is a renowned author, educator, and expert in negotiation and decision-making. He serves as the Jesse Isidor Straus Professor of Business Administration at Harvard Business School and is a co-founder of the Harvard Negotiation Project. Bazerman's notable works include 'Negotiation Genius', 'Decision Making in the New Economy', and 'Predictable Surprises'. His writing is characterized by clear, practical insights underpinned by extensive research, aiming to equip readers with tools for effective negotiation and decision-making in both personal and professional contexts.
Don A. Moore is an acclaimed author and thought leader renowned for his expertise in decision-making and behavioral economics. He is best known for his works such as 'The Perfect Choice' and 'The Illusion of Choice,' which delve into the complexities of human decision processes. Moore’s writing is characterized by its analytical approach and accessibility, making complex concepts understandable to a broad audience. Through his compelling narratives, he invites readers to explore the subtleties of choice and judgment, blending empirical research with practical insights.
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