Titlebook: Behavioral Decision Analysis; Florian M. Federspiel,Gilberto Montibeller,Matthia Book 2024 The Editor(s) (if applicable) and The Author(s)

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https://doi.org/10.1007/BFb0010313t relatively more overreaction. More recently, Seifert et al. (2023, ., in press) demonstrated that under- and overreaction in decisions when there is an impending regime shift can be accurately described as the result of an interplay between prospect theory and system neglect. Specifically, under-

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Julian Grothoff,Tobias Kleinerts that require learning, and in moral dilemmas. In addition, this review discusses the important role of self-selection into teams and its potential consequences. Finally, the survey covers relevant field experiments that complement the literature on decision-making by looking at how team-based ince

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Behavioral Decision Analysis: Past, Present and Future,of structuring problem complexity, modeling uncertainty, generating predictions, eliciting preferences and, ultimately, making better decisions. Two commonly held assumptions are that the decision maker’s cognitive belief system is fully accessible and that this system can be understood and formaliz

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Analyzing Decisions Under Uncertainty: Simple Tools of the Heathens,e uncertainty cannot be meaningfully reduced to risk. I synthesize findings and perspectives of behavioural scientists who have ventured outside the lab and into the wild. Psychologist Gerd Gigerenzer and colleagues’ fast-and-frugal-heuristics program provides transparent and accurate, simple quanti