Bazerman & Moore’s Judgment in Managerial Decision Making, 7th edition embeds behavioral decision research into the organizational realm by examining . Judgment in Managerial Decision Making has ratings and 28 reviews. Monique said: Okay so another Graduate required reading book down and this one. But, with Judgment in Managerial Decision Making, you can learn how to overcome those biases to make better Making. by Max Bazerman and Don A. Moore.
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Max was named one of the top 30 authors, speakers, and teachers of management by Executive Excellence in each of their two most recent rankings. Mar 06, Larry rated it it was amazing. Updated examples throughout the book feature current business problems and events and incorporate new, relevant research. It covered cognitive biases clearly, with simple, compelling examples.
Organizational implications are discussed. The text examines judgment in a variety of organizational contexts, an Is your judgment influenced by personal biases? Bazerman is one of the leading theorists in negotiation and decision-making.
But, with Judgment in Managerial Decision Makingyou can learn how to overcome those biases to make better managerial decisions. Okay so another Graduate required reading book down and this one dealing with Management and how and why we make decisions. One of the most intriguing chapters had to do with Biases and what causes people to make decisions such as the Availability heuristic which makes ni more likely to make a decision managreial on the frequency, probability or likely event that the opportunity is limited in time; the Confirmation Bias which deals with people searching for evidence to support a conclusion or deduction made before hand—as mentioned people will always find facts to support what they want to believe; the Anchoring Bias which is used often in Used Car sales that operates on the initial starting point as a maing to sway a decision.
Reading for my masters, good book and easy to understand. But I’m quite sceptical this book will help you learn to make better decision in real life situation as opposed decisipn a few-paragraph lab cases. Only a few chapters out of the book were used.
Judgment in Managerial Decision Making, 8th Edition
However, the book only present you the errors of human. Innovative ideas and novel methods have been the gazerman of Linda’s research on diverse topics: If you’re really keen on this stuff I’d still probably recommend Thinking Fast and Bwzerman, but if you are a lecturer looking to set a text you can’t go wrong with this.
Quotes from Judgement In Mana Whose judgement can I trust – certainly not my own. Probably the best book I have ever read on decision making.
Jill Vaughn rated it liked it Aug 08, Really good book required in my Harvard’s class on decision-making. Throughout, you’ll findnumerous hands-on decision exercises and examples from the author’s extensive executive training experience that will help you enhance the quality of your managerial judgment. The preface of this book pretty much sums up what you are about to makinv as they mention the complexities and heuristics involved in pretty much any decision.
In situations requiring careful judgment, we’re all influenced by our own biases to some extent.
“Judgment in Managerial Decision Making” by Max H. Bazerman and Don A. Moore
Finance General Management Marketing. HardcoverSixth Editionpages. The authors provide theories, examples and practical strategies for understanding and changing personal decision-making biases and tendencies.
It was both fascinating and depressing to learn that every human thought is governed by bias, even as we try to exercise rationality and logic. Apr 18, Monique rated it liked it Shelves: Jul 27, Chris added it Shelves: Finance Globalization Health Care.
Description Behavioral decision research provides many important insights into managerial behavior. Under such circumstances, Useful guide on how to make sound, smart decisions Consider this scenario: From negotiation to investment decisions, the authors weave behavioral decision research into the organizational realm by examining judgment in a variety of managerial contexts. I read the book for a master’s program.
In subsequent studies, we find that when required to managsrial between bazefman harmful actions, people prefer the action that saves more lives, despite its being more aversive. Aug 03, Steven P. Understand Biases in Others Strategy 7: No trivia or quizzes yet.
Technology and Operations Management.
Jan 06, Melissa rated it liked it. Great book, very thought provoking, realy makes you think about what is actualy influencing the decisions that we make make each day. Goodreads helps you keep track of books you want to read. The curriculum used at the school didn’t do the book justice as it fell short to meet the curriculum’s requirement in my opinion. Use Decision-Analysis Tools Strategy 2: Just a moment while we sign you in to your Goodreads account.