Smart Choices: A Practical Guide to Making Better Decisions

This book provides a succinct but comprehensive introduction to behavioral economics. It describes the foundations and development of the field, its contributions to a new understanding about how the human mind is wired to make decisions, and why it has upended prevailing economic theories. Examples from everyday life are used to illustrate the roles played in decision-making by social influences, personality, mood, and emotions and to show how these influences may result in decisions that…

This book is an essential reference work on the science of decision-making and a key resource for students and scholars in a wide range of fields, including psychology, economics, law, medicine, and business. It addresses questions about how we think, what keeps up from thinking in certain ways, and how we can improve our thinking to make better decisions. This edition covers the origin and development of the field’s fundamental concepts and improves upon earlier editions…

This book draws from the experiences of some of the most successful forecasters in America to provide an account of how predictions are made in settings as diverse as hurricanes, baseball, poker, and the stock market. The author, a leading forecaster and forecasting blogger, developed an innovative system for predicting baseball performance and predicted with near perfection the 2008 and 2012 presidential elections. From a wealth of personal knowledge and interviews with other experts, he…