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Judgment in Managerial Decision Making, 8th Edition

ISBN: 978-1-118-47595-9

October 2012

288 pages

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Description

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.

About the Author

Max H. Bazerman is the Jesse Isidor Straus Professor of Business Administration at the Harvard Business School. In addition, Max is also formally affiliated with the Kennedy School of Government, the Psychology Department, and the Program on Negotiation at Harvard. He is the author or co-author of over 150 research articles and chapters, and the author of numerous other books. Professor Bazerman was named one of the top 30 authors, speakers, and teachers of management by Executive Excellence in each of their two most recent rankings.

Don Moore is an Associate Professor of Organizational Behavior at Carnegie Mellon University's Tepper School of Business, and holder of the Carnegie Bosch Faculty Development chair. Don is also formally affiliated with CMU's Department of Social and Decision Sciences, and he is the founding director of the Center for Behavioral Decision Research. He received his Ph.D. in Organization Behavior from Northwestern University.

New to Edition
  • Updated examples throughout the book feature current business problems and events and incorporate new, relevant research.
  • New discussions and insight on topics such as “blind spots,” overconfidence, and ethical decision making. 
  • New content exploring recent controversies in the field of judgment and decision making.
Features
  • Exceptional Author Team: Max H. Bazerman is one of the leading theorists in negotiation and decision-making. Co-author, Don Moore, is currently an Associate Professor of Organizational Behavior of Carnegie Mellon University’s Tepper School of Business and founding director of the Center for Behavioral Decision Research.
  • Most Relevant Research and Examples: The authors continue to incorporate the most relevant new research and examples using current business problems and events.
  • Range of Organizational Contexts: Behavioral decision research is woven into the organizational realm by examining judgment in a variety of managerial contexts—giving students and instructors more examples of how to apply the theories of behavioral decision making.
  • Numerous Hands-on Exercises and Examples: Derived from the authors' extensive executive training experience, these exercises and examples provide opportunities for critical thinking, application and in-class discussion.
  • Strategies for Improving Decision Making: The authors provide theories, examples and practical strategies for understanding and changing personal decision-making biases and tendencies.