Simply Rational
Subtitle: Decision Making in the Real World
Publisher: Oxford University Press, Incorporated; Oxford University Press
Published: 2015
Language: eng
Number of pages: 328
ISBN-13: 9780199390076
Subjects: Probabilities; Decision making
Description: Statistical illiteracy can have an enormously negative impact on decision making. This book brings together applied and theoretical research on risks and decision making across the fields of medicine, psychology, and economics. Collectively, the chapters demonstrate why the frame in which statistics are communicated is essential for broader understanding and sound decision making, and that understanding risks and uncertainty has wide-reaching implications for daily life.