File Size: 2540 KB
Print Length: 272 pages
Simultaneous Device Usage: Up to 4 simultaneous devices, per publisher limits
Publisher: Cambridge University Press; 1 edition (March 19, 2001)
Publication Date: March 19, 2001
Sold by: Digital Services LLC
Language: English
ASIN: B001FOPTXI
Text-to-Speech: Enabled
X-Ray: Not Enabled
Word Wise: Enabled
Lending: Not Enabled
Enhanced Typesetting: Not Enabled
Best Sellers Rank: #719,350 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #222 in Kindle Store > Kindle eBooks > Nonfiction > Politics & Social Sciences > Philosophy > Free Will & Determinism #278 in Kindle Store > Kindle eBooks > Nonfiction > Politics & Social Sciences > Philosophy > Logic & Language #506 in Books > Politics & Social Sciences > Philosophy > Free Will & Determinism
This book has fundamentally impacted the way I think about decision making. There is no dearth of theories dealing with flaws and characteristics of decision making. From Prospect theory to expected utility, everyone talks about rational decision making and heuristic based decision making. This book touches on the idea of decision making from the perspective of will power.Willpower and bargaining between our successive motivational states is the fundamental that this books stands on. In addition to many things, some of which are highly theoretical and difficult to understand for a casual reader, the author talks about 5 motivational states that a person has to deal with and continuously bargain with. Pains, Itches, Addictions, Compulsions, Optimal Behavior are the five states that we continuously deal with. A particular decision at any moment may fall into one of these states, so if you find yourself into a dilemma anytime, you most likely will be battling between these states. Your impulsive decision to buy a luxury car may battle with your optimal self of saving money for rainy day. So your decision at any time would depend on the state that you were in at that time.The book, although difficult to understand, if absorbed would help in understanding the uncertainty of decision making in self and people around us. Literature and fiction is abundant with such examples where people make impulsive decision, this book would help in understanding why that happens and why a human beings, in spite of being so advanced may be helpless in the face of their own decision making.Picoeconomics is another book by the same author and may be worth a read if you like this book.
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