At a time of immensely consequential choices, it has never been more important to make the right decisions. But how can we be sure we are not making fatal mistakes? How can we make sure we can trust the tools, models, and methods we use to make our decisions?

The Irrational Economist aims to shed light on some important developments in decision making that have occurred in economics and other social sciences over the past few decades, including some of the most recent discoveries.

Erwann Michel-Kerjan teaches at the Wharton School, University of Pennsylvania. He is also managing director of the Wharton Risk Center, which for twenty-five years has been at the forefront of research into the management of extreme events. Honored as a Young Global Leader by the World Economic Forum (Davos), he advises top decision makers around the world on these issues.

 

Paul Slovic is a professor of psychology at the University of Oregon and founder and president of Decision Research. He is the author of several acclaimed books on human judgment, decision making, and risk analysis, and is a recipient of the Distinguished Scientific Contribution Award from the American Psychological Association.

 

For more information or to schedule an interview, please contact Tessa Shanks, Senior Publicist at Public Affairs Books (New York), at 917-849-6015 or Tessa.Shanks@publicaffairsbooks.com.


The road to complex business and policy decisions is often strewn with incomplete information, flawed science, and conflicting emotions. In The Irrational Economist some of the world’s foremost economists and decision scientists analyze how we make decisions under pressure – and offer thought-provoking ideas about how to improve the process. The result is important and remarkably timely.

Richard M. Smith, chairman, Newsweek