The Importance of Small Decisions

ISBN: 9780262039741
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Overview

How people make decisions in an era of too much information and fake news.

Humans originally evolved in a world of few choices. Prehistoric, preindustrial, and predigital eras required fewer decisions than today's all-access, always-on world of too much information. Economists have largely discarded the idea that agents act rationally and the market follows suit. It seems that no matter how small or innocuous a decision might seem, there's almost no way to guess the effect it might have. The authors of The Importance of Small Decisions view decisions and their outcomes from a different perspective: as key elements in the evolution of culture. In this trailblazing book, they examine different kinds of decisions and map the outcomes, both short- and long-term. Drawing on this, they introduce a map of social behavior that captures the essential elements of human decision-making.

The authors look at the New England Patriots' decision in 2000 to draft an underachieving college quarterback named Tom Brady; they consider Warren Buffett's investment strategy; and they chart the ā€œdancing landscapeā€ of a college applicant's decision-making environment. Finally, they show that decisions can be ranked according to transparency of choice and social influence. When fake news seems indistinguishable from real news and when the internet offers a cacophony of voices, they warn, we can't afford to crowdsource our decisions.

This book title, The Importance of Small Decisions, ISBN: 9780262039741, by Michael J. O'Brien, R. Alexander Bentley, William A. Brock, John Maeda, published by MIT Press (March 12, 2019) is available in hardcover. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.

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Product Details

Author:
Michael J. O'Brien, R. Alexander Bentley, William A. Brock, John Maeda
Series:
Simplicity: Design, Technology, Business, Life
Format:
Hardcover
Pages:
160
Publisher:
MIT Press (March 12, 2019)
Language:
English
ISBN-13:
9780262039741
ISBN-10:
0262039745
Weight:
11.8oz
Dimensions:
5.69" x 8.31" x 0.68"
Case Pack:
28
File:
RandomHouse-PRH_Book_Company_PRH_PRT_Onix_full_active_D20240208T185739_146352329-20240208.xml
Folder:
RandomHouse
List Price:
$24.95
As low as:
$12.48
Shipping Origin:
Crawfordsville, IN
Publisher Identifier:
P-RH
Discount Code:
A
Audience:
General/trade
Country of Origin:
United States

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