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This book investigates how individuals and groups make decisions, particularly when faced with risks and uncertainty. Cass R. Sunstein, a renowned legal scholar and behavioral economist, draws upon extensive research in psychology, economics, and law to explore the cognitive biases and heuristics that shape our judgments. The book examines how these mental shortcuts, while often efficient, can lead to systematic errors in risk assessment and decision-making, impacting everything from personal choices to public policy.
The book is recognized for its accessible yet rigorous exploration of complex psychological and economic concepts. Experts in behavioral economics and decision science have noted its clear articulation of how cognitive biases influence risk perception and decision-making. The work is frequently cited for its insights into the systematic errors that affect both individual choices and collective judgments, offering a valuable framework for understanding and potentially mitigating these effects in various domains.
Page Count:
352
Publication Date:
2002-01-01
ISBN-10:
0521791995
ISBN-13:
9780521791991
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