Psychological Investigations of Competence in Decision Making Reissue Edition

Psychological Investigations of Competence in Decision Making Reissue Edition book cover

Psychological Investigations of Competence in Decision Making Reissue Edition

Author(s): Kip Smith

  • Publisher: Cambridge University Press
  • Publication Date: 30 Jun. 2011
  • Edition: Reissue
  • Language: English
  • Print length: 254 pages
  • ISBN-10: 052130718X
  • ISBN-13: 9780521307185

Book Description

The premise of this book is that most activity in everyday life and work is based on tasks that are novel, infrequent in our experience, or variable with respect to the action to be taken. Such tasks require decisions to be made and actions taken in the face of ambiguous or incomplete information. Time pressure is frequently great and penalties for failure are severe. Examples include investing in markets, controlling industrial accidents, and detecting fraud. The environments in which such tasks occur defy a definition of optimal performance, yet the benefits of successful decision making are considerable. The authors refer to domains without criteria for optimal performance as competency-based and describe the able behaviour of individuals who work in them by the term competence. The chapters examine the propositions that metacognitive processes give structure to otherwise ill-structured tasks and are fundamental enablers of decision-making performance.

Editorial Reviews

Review

Review of the hardback: ‘ … this book brings together an interesting and useful collection of modern decision making research … Given the variety of ideas presented, this book may be useful for introducing applied decision making topics to graduate students. Taken together, this book serves its purpose of tying a variety of applied decision making situations whit theory and empirical findings, and should provide a useful resource for anyone exploring competent decision making in ill-defined, real-world situations.’ Applied Cognitive Psychology

Book Description

Examining competence, this volume explores metacognitive processes as a foundation of competent decision making.

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