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A Science of Decision Making
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A Science of Decision Making: The Legacy of Ward Edwards

Jie W. Weiss and David J. Weiss

Abstract

Ward Edwards is well known as the father of behavioral decision making. In his 1954 Psychological Bulletin paper on decision making, he brought psychological ideas into what had been the province of economists. His influence in this realm is so pervasive that the Nobel committee was able to trace a direct path from Edwards's work to Daniel Kahneman's 2002 Prize for prospect theory. In a 1963 Psychological Review paper, Edwards brought Bayesian statistics to the attention of psychologists, who have continued to proliferate Bayesian ideas, underscoring the importance of the perspective. In a 196 ... More

Keywords: Ward Edwards, behavioral decision making, prospect theory, Daniel Kahneman, Bayesian ideas, multiattribute utility analysis

Bibliographic Information

Print publication date: 2008 Print ISBN-13: 9780195322989
Published to Oxford Scholarship Online: January 2009 DOI:10.1093/acprof:oso/9780195322989.001.0001

Authors

Affiliations are at time of print publication.

Jie W. Weiss, editor
California State University, Fullerton

David J. Weiss, editor
California State University, Los Angeles

Contents

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PART 1 Papers on Behavioral Decision Theory

1 The Theory of Decision Making

Jie W Weiss, and David J Weiss

2 Behavioral Decision Theory

Jie W Weiss, and David J Weiss

3 Probability Learning in 1000 Trials

Jie W Weiss, and David J Weiss

7 JUDGE: A Laboratory Evaluation

Jie W. Weiss and David J. Weiss

PART II Papers on Statistics and Methodology

11 Costs and Payoffs Are Instructions

Jie W Weiss, and David J Weiss

16 Costs and Payoffs in Perceptual Research

Jie W Weiss, and David J Weiss

18 A Mean for All Seasons

Jie W Weiss, and David J Weiss

19 The Clinical Significance Decision

Jie W Weiss, and David J Weiss

PART III Papers on Diagnosis

21 Subjective Probabilities in Medical Diagnosis

Jie W Weiss, and David J Weiss

22 N = 1: Diagnosis in Unique Cases

Jie W Weiss, and David J Weiss

25 Diagnosis and Treatment

Jie W Weiss, and David J Weiss

PART IV Papers On Multiattribute Utility

31 Decision Technology

Jie W Weiss, and David J Weiss

32 The Puzzle of Adolescent Substance Initiation

Jie W Weiss, and David J Weiss

PART V Obituaries

36 Obituary

Dennis G Fryback

37 Obituary

Lawrence D Phillips

38 Obituary

David J Weiss, and James Shanteau

End Matter