Review of Decision processes

Abstract

Reviews the book "Decision processes", edited by R. M. Thrall, C. H. Coombs, and R. L. Davis (see record 1955-00120-000 ). This volume is a collection of papers from the University of Michigan summer seminar at Santa Monica. California, in 1952. This seminar, devoted to decision processes, had as participants mathematicians, statisticians, psychologists, economists, and philosophers. Most of Part I of this volume is devoted to a discussion of alternative decision criteria. Part II of this volume is concerned with learning theory. Part III is concerned with the utility function. Part IV contains a discussion of certain experimental studies of certain game situations. On the whole, this is a very important volume for decision theorists, but most of them wrote it, or were at least present at the seminar. Its value to working psychologists and economists is less clear. Most of these are working papers, theories about how one might build a theory. (PsycInfo Database Record (c) 2025 APA, all rights reserved)