The history of decision making

The history of decision making

About This Video

The history of decision making goes back to the 1600s – to Descartes and Pointcarre who created a first ‘calculus’ of decision making. The modern view of decision making that takes into consideration of human information processing and the use of heuristics is a result of the 20th century and goes back to the groundbreaking work of Herbert Simon.
Tags:
history, decision making, expected value theory, cognition, cognitive science, cognitive psychology, cognitive neuroscience, mind, economics, pierre de fermat, blaise pascal, utilitarianism
Duration:
00:04:26