'Judgment in Managerial Decision Making' delves into the psychology behind how managers make decisions, often influenced by cognitive biases and errors. Bazerman and Moore reveal the surprising ways these biases can lead to poor outcomes, even among experienced leaders. With compelling real-world examples, the authors illustrate practical strategies to improve decision-making processes. This book challenges readers to recognize their own psychological blind spots. Dive into this insightful exploration and transform the way you approach critical decisions in your professional life!
By Max H. Bazerman, Don A. Moore
Published: 2012
"In the realm of decision-making, the true challenge lies not just in the choices we face, but in understanding the biases that cloud our judgment."
Behavioral decision research provides many important insights into managerial behavior. From negotiation to investment decisions, the authors weave behavioral decision research into the organizational realm by examining judgment in a variety of managerial contexts. Embedded with the latest research and theories, Managerial Decision Making 8th Edition gives students the opportunity to understand their own decision-making tendencies, learn strategies for overcoming cognitive biases, and become better decision makers.
Showing 8 of 26 similar books
Ev Williams is an American entrepreneur, best known as the co-founder of Twitter and Medium. Williams has a long history in the tech industry, having co-founded Blogger, one of the first blogging platforms, which was later acquired by Google. His work has significantly shaped online communication, giving people platforms to share their thoughts and ideas globally. Williams’ focus on simplicity and user experience has been a hallmark of his career. He continues to lead Medium, a platform that champions quality content and thoughtful discourse.
Dave Ramsey is a personal finance expert, radio host, and bestselling author known for his book The Total Money Makeover. He advocates for debt-free living and offers practical advice on budgeting, saving, and investing. Ramsey’s popular radio show, The Dave Ramsey Show, has reached millions of listeners, where he provides real-world financial advice and helps individuals achieve financial peace. His Baby Steps method for eliminating debt and building wealth has become a cornerstone of his teachings. Ramsey’s work has made him one of the most well-known financial educators in the U.S.
James Clear is the author of the bestselling book Atomic Habits, which focuses on the power of small habits and incremental improvements to achieve significant personal and professional growth. Clear’s writing blends insights from psychology, neuroscience, and productivity to provide practical strategies for building better habits. His work has helped millions of people create positive changes in their lives by focusing on the process rather than the outcome. James’s clear, actionable advice has made him a sought-after speaker and thought leader in the field of personal development.
Sophie Bakalar is a distinguished author and venture capitalist known for her adept storytelling and insightful exploration of contemporary issues. Her debut novel received critical acclaim for its nuanced portrayal of complex characters and societal dynamics. In addition to her literary achievements, Bakalar is a co-founder of a successful venture firm, where she leverages her keen understanding of market trends and innovation. Her essays and articles, often featured in prominent publications, reflect her deep engagement with cultural and technological shifts. Bakalar's multifaceted career bridges the worlds of literature and entrepreneurship, making her a unique voice in both fields.
Anna Cheng is a celebrated contemporary novelist known for her evocative prose and richly drawn characters. Her debut novel, "Whispers of the Ancients," garnered critical acclaim, securing a spot on the New York Times Bestseller list and earning her the Man Booker Prize. Cheng's subsequent works consistently explore themes of heritage, identity, and the immigrant experience, resonating with a global audience. She is also a recipient of the PEN/Faulkner Award, recognizing her contributions to American fiction. Beyond her literary pursuits, Cheng actively mentors emerging writers and participates in numerous literary festivals worldwide.
Alex Hormozi is a celebrated entrepreneur, author, and founder of Acquisition.com, a company dedicated to helping businesses scale efficiently. He gained prominence with his best-selling book "Gym Launch Secrets," which provides a blueprint for fitness entrepreneurs to grow their businesses. Hormozi is also known for "The Million Dollar Offers" book, where he shares strategies on creating irresistible offers that drive sales. His work has significantly impacted the business community, providing practical insights and actionable advice for entrepreneurs. Through his books and business ventures, Hormozi continues to inspire and guide countless individuals on their journey to success.
Brendon Burchard is a high-performance coach, motivational speaker, and bestselling author, best known for his books High Performance Habits and The Motivation Manifesto. He helps individuals and organizations achieve peak performance through strategies focused on clarity, energy, and productivity. Brendon’s work emphasizes the importance of personal growth and developing habits that lead to sustained success. He has coached Fortune 500 CEOs, Olympians, and other high-achieving individuals. Brendon is also the founder of the High Performance Academy, where he trains people to lead more impactful and successful lives.
Ran Segall is an Israeli designer, YouTuber, and entrepreneur, known for his work in freelance web design and his popular YouTube channel, Flux Academy. Segall provides design tutorials, business advice, and insights for freelancers, helping designers improve their craft and grow their businesses. He has built a successful online platform through his transparent and practical approach to design education. Segall also runs Flux Academy, where he teaches web design and freelancing strategies to aspiring designers around the world. His approachable style and expertise have made him a trusted resource in the design community.
Showing 8 of 21 related collections
“In the realm of decision-making, the true challenge lies not just in the choices we face, but in understanding the biases that cloud our judgment.”
Judgment in Managerial Decision Making
By Max H. Bazerman, Don A. Moore
Discover a world of knowledge through our extensive collection of book summaries.
Max H. Bazerman is a renowned author, educator, and expert in negotiation and decision-making. He serves as the Jesse Isidor Straus Professor of Business Administration at Harvard Business School and is a co-founder of the Harvard Negotiation Project. Bazerman's notable works include 'Negotiation Genius', 'Decision Making in the New Economy', and 'Predictable Surprises'. His writing is characterized by clear, practical insights underpinned by extensive research, aiming to equip readers with tools for effective negotiation and decision-making in both personal and professional contexts.
Don A. Moore is an acclaimed author and thought leader renowned for his expertise in decision-making and behavioral economics. He is best known for his works such as 'The Perfect Choice' and 'The Illusion of Choice,' which delve into the complexities of human decision processes. Moore’s writing is characterized by its analytical approach and accessibility, making complex concepts understandable to a broad audience. Through his compelling narratives, he invites readers to explore the subtleties of choice and judgment, blending empirical research with practical insights.
Key information about the book.
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "The Psychology of Money," Morgan Housel unravels the complex relationship between our emotions and financial decisions. Through captivating anecdotes and profound insights, he reveals that wealth isn't just about numbers, but about behavior and mindset. The book challenges conventional wisdom, urging readers to understand the subtle psychological forces that influence our spending and saving habits. Housel's reflections highlight the power of patience, humility, and a long-term perspective in building true financial success. Prepare to rethink everything you thought you knew about money and its role in your life!
In "Misbehaving: The Making of Behavioral Economics," Nobel laureate Richard Thaler takes readers on a riveting journey through the evolution of behavioral economics, a field that challenges traditional economic theories. Thaler candidly shares his experiences and groundbreaking experiments that reveal how human behavior often defies rational expectations, leading to surprising choices in everyday life. With a blend of humor and keen insight, he highlights the quirks and biases that influence decision-making, reshaping our understanding of markets and policies. This enlightening narrative not only unveils the complexities of human behavior but also emphasizes the importance of incorporating psychology into economic thinking. Dive into a world where misbehavior leads to profound revelations about the way we live, work, and decide!
In "Nudge," behavioral economists Richard Thaler and Cass Sunstein unveil the subtle art of influencing choices and shaping outcomes without restricting freedom. They explore how small, seemingly insignificant changes in the way options are presented can lead to drastically improved decisions in health, finance, and overall happiness. With compelling real-world examples and engaging insights, the authors demonstrate how understanding human psychology can empower individuals and policymakers alike. Dive into a world where choice architecture transforms lives and reshapes society's approach to welfare. Discover the hidden nudges that could change everything about the way we choose!
In 'Originals', Adam Grant explores the traits and habits of those who dare to challenge the status quo. He delves into the psychology behind innovation, revealing how creative thinkers cultivate ideas that can reshape industries. The book is packed with research-backed insights and compelling stories of nonconformists who made a difference. Grant's engaging narrative encourages readers to embrace their originality and take calculated risks. Will you be inspired to unleash your inner original and change the world?
In 'Models of My Life', Nobel laureate Herbert A. Simon unveils the intricate tapestry of his intellectual journey, intertwining the realms of psychology, economics, and artificial intelligence. With a blend of autobiography and philosophy, Simon explores the models he created to navigate and understand the complexities of human decision-making. His reflections on the nature of rationality and the limits of knowledge challenge conventional wisdom and inspire deeper thought. Readers will be captivated by Simon's groundbreaking insights and the personal stories that shaped his groundbreaking theories. This book is not just a memoir; it's a profound exploration of the human condition that invites you to rethink the models that shape your own life.
In 'The Psychology of Executive Coaching,' Bruce Peltier explores the intricate dynamics between coaches and leaders, revealing the psychological principles that underpin effective coaching practices. The book delves into the art of transformation, showcasing how understanding human behavior can unlock latent potential in executives. Peltier combines psychological theories with practical strategies to equip coaches with tools to navigate the challenges of leadership development. Through case studies and empirical research, he illustrates the profound impact of coaching on organizational success. This insightful read invites readers to consider how deep psychological insights can elevate executive coaching to new heights, making it a must-read for aspiring coaches and leaders alike.
In 'Talking to Strangers', Malcolm Gladwell delves into the complexities of human interactions and the misunderstandings that often arise when we connect with those we don't know. Through compelling stories and case studies, he reveals how our assumptions about strangers can lead to misjudgments, including in critical situations. Gladwell uncovers the psychology behind trust, deception, and the often flawed perceptions we have of others. This thought-provoking exploration challenges readers to reconsider how they engage with unfamiliar people in their lives. Are we really as adept at reading strangers as we believe, or are we only fooling ourselves?
In 'Moonwalking with Einstein', Joshua Foer takes readers on a mesmerizing journey through the world of memory, revealing how he transformed from a memory-challenged journalist to a USA Memory Champion. Exploring the fascinating techniques of memory athletes, he uncovers the science behind memory formation and recall. Foer combines personal anecdotes with history, psychology, and the quirks of the human mind. As he delves deeper into memory training, readers are left questioning the potential of their own minds. This captivating blend of memoir and exploration challenges us to rethink how we remember and what it means to truly learn.
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
