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Behavioral Decision-Making and Bounded Rationality

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An examination of how real decision-makers depart from the assumptions of classical rational choice theory, covering Herbert Simon's concept of bounded rationality and satisficing, Daniel Kahneman's dual-process model of judgment, and the practical implications of heuristics and biases for project and organizational decision-making.

Inhaltsübersicht

  • The Rational Actor Model and Its Limits
  • Dual-Process Theory: System 1 and System 2 Thinking
  • Heuristics and Biases in Organizational and Project Decisions
  • Improving Organizational Decisions: Debiasing and Structured Judgment
A person weighing multiple options while making a business decision
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