Author Description

Wise Choices will help all those faced with consequential decisions, ambiguous alternatives, & uncertain outcomes to make choices that improve the welfare of individuals & society. In this book, leading scholars in economics, psychology, statistics, & decision theory grapple with the perennial question of how to make wise choices. In 23 articles, they explore topics such as individual decision making under uncertainty & the process of forging negotiated agreements. The contributors also analyze decisions regarding personal medical problems, national public policies, business investments, & international diplomacy.