Decisions: Risk and Reward
Published on 24. January 2008
400 pages
978-1-134-09250-5 (ISBN)
Description
In recent years leading figures in a variety of fields - political, financial, medical, and organizational - have become acutely aware of the need to effectively incorporate aspects of risk into their decision-making. This book addresses a wide range of contemporary issues in decision research, such as how individuals deal with uncertainty and comp
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Product notice
Reflowable
Illustrations
23 s/w Abbildungen, 56 s/w Tabellen, 23 s/w Zeichnungen
23 b/w images, 56 tables and 23 line drawings
File size
1,10 MB
ISBN-13
978-1-134-09250-5 (9781134092505)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Johnnie E.V. Johnson | Alistair Bruce
Decisions: Risk and Reward
Book
05/2015
1st Edition
Routledge
€57.13
Shipment within 15-20 days
Johnnie E.V. Johnson | Alistair Bruce
Decisions: Risk and Reward
Book
01/2008
1st Edition
Routledge
€178.27
Shipment within 15-20 days
Persons
Johnnie Johnson is Professor of Decision and Risk Analysis and Director of the Centre for Risk Research at the University of Southampton. Alistair Bruce is Professor of Decision and Risk Analysis at Nottingham University Business School.
Content
PART I Motivation for betting and risk taking 1 Towards an explanation of betting as a leisure pursuit 2 Costing excitement in leisure betting 3 Successful betting strategies: evidence from the UK off-course betting market PART II The impact of complexity on decision-making behaviour 4 The complex decision: insights from naturalistic research 5 An empirical study of the impact of complexity on participation in horse-race betting 6 A profit model for estimating the effect of complexity on risk taking 7 Risk strategy under task complexity: a multivariate analysis of behaviour in a naturalistic setting 8 Decision-making under risk: effect of complexity on performance PART III Gender differences in decision-making behaviour 9 Gender and DSS design: the research implications 10 Male and female betting behaviour - new perspectives 11 Gender-based differences in leisure behaviour: performance, risk taking and confidence in off-course betting 12 Decision-making, risk and gender: are managers different? PART IV The use of information by decision-makers and deviations from rational economic behaviour 13 A violation of dominance and the consumption value of gambling 14 Exploring decision-makers' use of price information in a speculative market 15 Gluck's Second Law: an empirical investigation of horse-race betting in early and late races 16 Investigating the roots of the favourite-longshot bias: an analysis of decision-making by supply- and demand-side agents in parallel betting markets 17 Market efficiency analysis requires a sensitivity to market characteristics: some observations on a recent study of betting market efficiency 18 Efficiency characteristics of a market for state-contingent claims 19 Market ecology and decision behaviour in state-contingent claims markets 20 Calibration of subjective probability judgements in a naturalistic setting
