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Judgment in Managerial Decision Making has ratings and 28 reviews. Monique said: Okay so another Graduate required reading book down and this one. But, with Judgment in Managerial Decision Making, you can learn how to overcome those biases to make better Making. by Max Bazerman and Don A. Moore. Find all the study resources for Judgment in Managerial Decision Making by Max H. Bazerman; Don A. Moore.

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Quotes from Judgement In Mana Published March 18th by Wiley first published In this piece, Max Bazerman summarizes a wide range empirical research on the failure of intuitive decision making: Judgment in Managerial Decision Making.

Apr 18, Monique rated it liked it Shelves: The authors continue to incorporate the most relevant new research and examples using current business problems and events. Range of Organizational Contexts: It covered cognitive biases clearly, with simple, compelling examples.

Cite View Details Find at Harvard. Researchers film each group separately passing a basketball back and forth, and superimpose the two films on a television monitor. The text examines judgment in a variety of organizational contexts and provides practical strategies for mansgerial your decision-making processes and improving these processes so that they become part of your permanent behavior.

Judgment in Managerial Decision Making, 8th Edition

About the Author Max H. Excellent follow up to Poor Charlie’s Almanack.

Most Relevant Research deision Examples: In addition, the text has been widely recognized by practitioners in the world of behavioral finance. Should be required reading in high school. Bazerman fills his book with learned insights, fascinating research and intriguing tests. All those artificial problems that researchers make the students solve don’t not shed light on the real decision-making which goes on and must I say quite contrary to this bias-lensed worldview goes on quite successfully in the world.


The curriculum used at the school didn’t do the book justice as it fell short to meet the dfcision requirement in my opinion. Want to Read Currently Reading Read.

Judgment in Managerial Decision Making.pdf

Past editions have been used decisionn top universities, in business schools, and in public policy, psychology, and economics classes. Highly recommend for Business Decision Makers.

The authors provide theories, examples and practical strategies for understanding and changing personal decision-making biases and tendencies. Mar 17, Lorie rated it it was ok Shelves: It seems that most humans are no better. View Student Companion Site.

One of the most intriguing chapters had to do with Biases and what causes people to make decisions such as the Availability heuristic which makes people more likely to make a decision based on the frequency, probability or likely event that the opportunity is limited in time; the Confirmation Bias which deals with people searching for evidence to support a conclusion or deduction made before hand—as mentioned people will always find makihg to support what they want to believe; the Anchoring Bias which is used often in Used Car sales that operates on the initial starting point as a factor to sway a decision.

Find at Harvard Purchase. Two groups are playing basketball.

Judgment in Managerial Decision Making by Max H. Bazerman

Jul 27, Chris added it Shelves: I read the book for a master’s program. Throughout, you’ll find numerous hands-on decision exercises and examples from the authors’ extensive executive training experience that will help you enhance the quality of your managerial judgment.

Thus, sharing unique information is a critical source of group potential, both in an absolute sense and in comparison to individual decision-making. Under such circumstances, Useful guide on how to make sound, smart decisions Consider this scenario: There is a lot of good information about management decision making but be aware it goes deep into the scientific side of decision making.


Sep 12, DanDan rated it really liked it.

Judgment in managerial decision making / Max H. Bazerman – Details – Trove

Our findings shed light on the formation of moral judgment under normative conflict, the conditions for preference reversal, and the potential polarization of moral judgment under joint evaluation. Probably the best book I have i read on decision making. To see what your friends thought of this book, please sign up.

He exposes the mental biases, skewed logic, false premises and misleading emotions that interfere with good decision making. Student View Student Companion Site. If you’re really keen on this stuff I’d still probably recommend Thinking Fast and Slow, but dwcision you are a lecturer looking to set a text you can’t go wrong with this.

Charlie Munger highly approves of this book for good reasons. Important stuff that I hadn’t been exposed to previously. A book and personal notes to dedision handy.

But, with Judgment kanagerial Managerial Decision Makingyou can learn how to overcome those biases to make better managerial decisions. Debias Your Judgment Strategy 4: For a general management or skim over decision making type class, this book was too detailed.