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Introduction to behavioral economics

By: Wilkinson, NickContributor(s): Klaes, MatthiasMaterial type: TextTextPublication details: London Palgrave Macmillan 2007 Edition: 3rdDescription: xvi, 599 pISBN: 9781137524126Subject(s): Economics--Psychological aspects | Rational choice theory | Management science | Microeconomics | EconomicsDDC classification: 330.019 Summary: Description The third edition of this successful textbook is a comprehensive, rigorous survey of the major topics in the field of behavioral economics. Building on the strengths of the second edition, it offers an up-to-date and critical examination of the latest literature, research, developments and debates in the field. Offering an inter-disciplinary approach, the authors incorporate psychology, evolutionary biology and neuroscience into the discussions. And, ultimately, they consider what it means to be ‘rational’, why we so often indulge in ‘irrational’ and self-harming behavior, and also why ‘irrational’ behavior can sometimes serve us well. A perfect book for Economics students taking a module in Behavioural Economics at a higher undergraduate level, or for students with an economics background taking a behavioral economics module at a Master's level.
List(s) this item appears in: Public Policy & General Management | Operation & quantitative Techniques
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Item type Current library Collection Call number Copy number Status Date due Barcode
Book Book Indian Institute of Management LRC
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Public Policy & General Management 330.019 WIL (Browse shelf(Opens below)) 1 Available 001161

Table of content

PART I: INTRODUCTION
1. Nature of Behavioral Economics
2. Methodology
PART II: FOUNDATIONS
3. Values, Preferences and Choices
4. Beliefs and Expectations
5. Decision-making under Risk and Uncertainty
6. Mental Accounting
PART III: INTERTEMPORAL CHOICE
7. The Discounted Utility Model
8. Alternative Intertemporal Choice Models
PART IV: STRATEGIC INTERACTION
9. Behavioral Game Theory
10. Social Preferences
PART V: CONCLUSION
11. Behavioral Economics: Summary and Outlook

Description

The third edition of this successful textbook is a comprehensive, rigorous survey of the major topics in the field of behavioral economics. Building on the strengths of the second edition, it offers an up-to-date and critical examination of the latest literature, research, developments and debates in the field. Offering an inter-disciplinary approach, the authors incorporate psychology, evolutionary biology and neuroscience into the discussions. And, ultimately, they consider what it means to be ‘rational’, why we so often indulge in ‘irrational’ and self-harming behavior, and also why ‘irrational’ behavior can sometimes serve us well.

A perfect book for Economics students taking a module in Behavioural Economics at a higher undergraduate level, or for students with an economics background taking a behavioral economics module at a Master's level.

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