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Judgment in Managerial Decision Making, 5th edition (Bazerman, 2001)

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Book Description
Author is a leading theorist in negotiation and decision-making.

From the Back Cover
IS YOUR JUDGEMENT INFLUENCED BY PERSONAL BIASES?

In situations requiring careful judgment, we're all influenced by our own biases to some extent. But, with Max Bazerman's JUDGMENT IN MANAGERIAL DECISION MAKING, you can learn how to overcome those biases to make better managerial decisions.

The text examined judgment in a variety of organizational contexts, and provides practical strategies for changing your decision-making processes and improving these processes so that they become part of your permanent behavior. Throughout, you'll find numerous hands-on decision exercises and examples from the author's extensive executive training experience that will help you improve the quality of your managerial judgment.

Now with a brand new chapter on investing
Revised to address the exciting new field of behavioral finance, the new Fifth Edition features a completely new chapter, Common Investment Mistakes (Chapter 7). The new chapter applies the book's main concept to the domain of investing.

p.6 Heuristics provide time-pressured managers and other professionals with a simple way of dealing with a complex world, usually producing correct or partially correct judgments.

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