This fifth edition of a highly cited textbook provides a broad overview of the study of judgments and decisions. It covers normative standards, including logic, probability, and forms of utility theory, and it explains cognitive biases that violate these standards.

This fifth edition of a highly cited textbook provides a broad overview of the study of judgments and decisions. It covers normative standards, including logic, probability, and forms of utility theory, and it explains cognitive biases that violate these standards.