I had high hopes for this book as a practical guide for good decisions from experts.My expectations were partly disappointed, though maybe that's coming from a background of economics and some knowledge of formal decision theory.The book essentially breaks down rational choice/decision theory into key components: the problem, objectives, choice alternatives, consequences. It adds uncertainty, risk attitudes and future interactions with other choices only at the end, even though for approximately...

Good and logical process for making decisions. It focuses on generating the right question and then eliminating options. There are some examples in the book to help you understand the concepts and overall it works well in presenting its information.The book did not contain any startling breakthroughs or quick fixes but it did present its methodology in an easy to understand process.

If you are an analytical thinker who has trouble making decisions, read it, but be forewarned - very dry.

Why read?This book is used as course material and has a clear model called PROACT.The PrOACT decision making model provides a systematic approach for making decisions. It consists of eight elements that will help you make better decisions when worked through systematically.The PrOACT decision making model was developed by John S. Hammond, Ralph L. Keeney, and Howard Raiffa. They described how to make a decision using the PrOACT model in the book Smart Choices: A Practical Guide to Making Better

As with any other good books, need to practice the tips suggested in this book as well. Any major decisions can be crystallized if you put it into writing and come up with solutions based on a PrOACT method described.Pr-Problem, O-Objective, A-Alternatives, C-Consequences, T-TradeOffs and think off Uncertainties, and Risk Tolerance.If we can make a mental map of Ranking each of these with a chance of outcomes for each consequence, we could come up with the Smart choice in the current context.

Read this book on kindle..some books are just not to be read on kindle..you can't do justice on that platform. Another reason, a book like this needs to be more interactive..it discusses all the right things on decision making but post reading you never felt like going back to it..suggest making notes when u r reading this one..best read in hard copy

Well, some might argue that the techniques provided in this book are basics and nothing phenomenal. But I disagree with them, since in most of the decision making process the techniques provided here are the fundamental things that we must do but we don't. And that leads everything haywire. This is not like many books in genre, with "learning by examples" kind of thing. But this is actually a manual of steps that you can use to make smart choices. This is definitely a worthy investment.

I found this book at the right time. It is helpful for me in my decision making process.

Great starting point to increase your decision-making skills!"Smart Choices", cooperatively written by authors John S. Hammond, Ralph L. Keeney, and Howard Raiffa, is an excellent book that teaches readers the essential ways of making effective decisions in their personal and business lives. Each section of the book provides helpful information on the decision making process, ranging from choosing alternatives to the primary decision, to using flowcharts to help decide between more complex choic...

This Book is one of the best book one can get on improving Decisions. The Step By Step Process on How we should make a decision using the PROACT method to make a smart decision. Pr- Defining the problem statementO - Writing down our ObjectivesA - Listing The AlternativesC - The Consequences of Each AlternativesT - The Trade-offs we are ready to Make This Method would help in making Everyday small Decisions to Major Ones. It's a must read.

eithera.) cut out all the crap canned examples, stop saying the same thing over and over again, and republish this as a pamphlet, orb.) amp up the math and the science, and get some real case studies in there.

I thought the model was sound and there were some good examples of application. However, there were instances where it got overly repetitive and some of the theories could have been better outlined and simpler to understand. I had to read the chapter on trade-offs twice before it sunk in. I doubt most readers will be able to finish the book, because it does get rather dry. I also agree with another reader's assessment that there should have been better research and case studies to substantiate t...

loved it! great for understanding the steps of decisional processes and decisional strategies. it was very helpful for the clarification of a complex decision.concise, effective, smart & fun to read. very highly recommended

The concepts were still not groundbreaking, but the various methods they proposed for making tradeoff decisions demonstrated a concrete way to deal with discrete factors in a decision. A lot of it still comes down to gut feeling, but by laying all of the data points out and making tradeoffs, it still feels good to have seemingly accounted for all of the known variables.Phase 3: Stoic Completion. After the trade-off chapter I was back to the "just think really hard" style of answers and I had to

Although I only read part of this book, I found it very helpful when I was faced with some important life changing decisions. I wasn't sure which direction to go and this book helped me to approach the situation and make the right choices for myself, and feel like I made the right choice.

A must-read book on decision making and problem solving, which are two critical competencies in business life.

What this book is about?Most people never stop to wonder:How did I make this decision?Why am I unable to take this decision?How can I take such an unfavorable decision?Should I listen to my heart or to my head?What if I do this and things don’t work out?Why was I so impulsive? Why do I have so many regrets in my life?Why is someone so much happier and successful?This book gives the framework to take the best possible decisions in the quickest possible time. The authors gives a 5 step process tha...

This book is most interesting in the world

This book is like a textbook, slightly hard to understand, one day i might come back to read these, to ensure i get grasp of everything!

The book seemed to be a lot of common sense. I found a few things that would be useful, but mostly nothing that I had not already heard/read/seen somewhere else.