11 Best Books on Decision Theory

We have compiled a list of the Best Reference Books on Decision Theory, which are used by students of top universities, and colleges. This will help you choose the right book depending on if you are a beginner or an expert. Here is the complete list of Decision Theory Books with their authors, publishers, and an unbiased review of them as well as links to the Amazon website to directly purchase them. If permissible, you can also download the free PDF books on Decision Theory below.

1."Statistical Decision Theory: Foundations, Concepts and Methods" by J O Berger
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2."Statistical Decision Theory and Bayesian Analysis" by J O Berger “Statistical Decision Theory and Bayesian Analysis” Book Review: The book provides an in-depth discussion on empiric and hierarchical Bayesian analysis, Bayesian calculation, Bayesian communication and group decision making. It also covers modern topics such as minimax multivariate estimation (Stein).
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3."Multiple Statistical Decision Theory" by S S Gupta and D Huang “Multiple Statistical Decision Theory” Book Review: This book covers the theory and practical applications of decision-making, specifically focusing on multiple decision procedures in the action space with a finite number of elements. It includes the theory of applied general decision-making to establish modified principles that are relevant to issues in this field. The book will be helpful for advanced and graduate students seeking to understand decision-making principles and how to apply them in practical situations.
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4."Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions" by Dan Ariely
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5."Semiorders: Properties, Representations, Applications (Theory and Decision Library B)" by Marc Pirlot and P Vincke “Semiorders: Properties, Representations, Applications (Theory and Decision Library B)” Book Review: This book offers a comprehensive exploration of decision-making theory and practice. It covers multiple decision procedures, which are decision rules for action spaces with a finite number of elements. The book also discusses applied general decision theory and introduces modified principles that are specifically relevant to this field. This book is aimed at advanced and graduate students seeking a deeper understanding of decision-making.
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6."Decision Making: The Brick of Choice: How to make better decisions" by James Newell
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7."Decision Theory and Decision Analysis: Trends and Challenges" by Sixto Ríos “Decision Theory and Decision Analysis: Trends and Challenges” Book Review: This book presents a comprehensive overview of decision analysis and utility theory, covering various aspects of their current state-of-the-art. The book addresses the theoretical contributions of partial beliefs and desires to decision-making under uncertainty. It also explores unanticipated utility theories and multi-criteria decision strategies. This resource is beneficial for students and professionals in artificial intelligence, economics, and environmental studies seeking to expand their knowledge of decision-making.
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8."Decision Theory and Decision Behaviour" by A Rapoport “Decision Theory and Decision Behaviour” Book Review: The book presents a comprehensive survey of decision analysis and utility theory, covering theoretical contributions to decision-making under uncertainty, partial beliefs, and desires. It also covers unanticipated utility theories and multi-criteria decision strategies. The book’s content is relevant to researchers and professionals in the fields of artificial intelligence, economics, and environmental studies.
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9."Markets, Risk and Money: Essays in Honor of Maurice Allais (Theory and Decision Library B)" by Bertrand Munier “Markets, Risk and Money: Essays in Honor of Maurice Allais (Theory and Decision Library B (26))” Book Review: The book description is not available. advertisement advertisement
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10."Effectivity Functions in Social Choice (Theory and Decision Library C)" by J Abdou and Hans Keiding “Effectivity Functions in Social Choice (Theory and Decision Library C (8))” Book Review: The book focuses on the specialized topic of effectivity functions, which are useful in describing the power structure in various social choice situations. It presents coherent theories about the role of power structure in cooperative implementation and provides the necessary information to solve problems related to designing rules for individual behavior. The book contains several examples and case studies, making it a useful resource for engineering students.
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11."Cost-Benefit Analysis and the Theory of Fuzzy Decisions" by Dompere “Cost-Benefit Analysis and the Theory of Fuzzy Decisions” Book Review: This book presents the recent advancements in the value theory of computable general prices for cost-benefit analysis under fuzzy rationality. It covers mathematical theories of computable equilibrium, social discount rate, contingent valuation, and hedonic pricing methods. The book emphasizes the use of fuzzy decision algorithms and multidisciplinary cost-benefit analysis. It also addresses computational problems such as optimal taxation, cost-benefit distributions, social goal-objective formation, and rent-seeking activities. The book is intended for practitioners, researchers, graduate students, and policy makers in economics, engineering, physical and social sciences, and medicine.
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