Modern Developments In Behavioral Economics Social Science Perspectives On Choice And Decision Making
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Modern Developments In Behavioral Economics
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Author : John Malcolm Dowling
language : en
Publisher:
Release Date : 2007
Modern Developments In Behavioral Economics written by John Malcolm Dowling and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Decision making categories.
Modern Developments In Behavioral Economics Social Science Perspectives On Choice And Decision Making
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Author : John Malcolm Dowling
language : en
Publisher: World Scientific Publishing Company
Release Date : 2007-09-04
Modern Developments In Behavioral Economics Social Science Perspectives On Choice And Decision Making written by John Malcolm Dowling and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-04 with Business & Economics categories.
This book examines the field of behavioral economics and provides insights into the following questions:The book looks at decision making and behavior from the point of view of (i) individual behavior and choice; (ii) group and interactive choice; and (iii) collective choices and decision making. In particular, it covers the following aspects: instances when bounded rationality leads to decisions inconsistent with standard economic assumptions; risk and the processes by which investors and consumers make decisions; altruistic and cooperative behavior as alternatives to competition; game theory as a way to explore motives of cooperation versus competition; the determinants of happiness and the relationship between utility and well-being; the concept of social capital, including motivations for charity and being a responsible citizen; how trust and fairness relate to economic actions and the motivation to cooperate rather than compete; behavior such as crime, corruption and bribery from ethical, social and economic viewpoints; and, finally, the decision making process of collective choice and how societies develop rules for governing themselves.This is the first book to bridge economics, psychology, sociology and political sciences and explain the nuanced subtleties of decision making.
Preface To Modern Developments In Behavioral Economics
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Author : John M. Dowling
language : en
Publisher:
Release Date : 2010
Preface To Modern Developments In Behavioral Economics written by John M. Dowling and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
This book examines the field of behavioral economics and provides insights into the following questions: • Does utility bring happiness? • How do emotions and personal perspectives color our economic decisions? • How do altruism, trust, fairness and justice come into play in game theory? • Why are some organizations so successful in implementing their objectives? • Can advances in neuroeconomics unlock the secrets of how decisions are made? The book looks at decision making and behavior from the point of view of (i) individual behavior and choice; (ii) group and interactive choice; and (iii) collective choices and decision making. In particular, it covers the following aspects: instances when bounded rationality leads to decisions inconsistent with standard economic assumptions; risk and the processes by which investors and consumers make decisions; altruistic and cooperative behavior as alternatives to competition; game theory as a way to explore motives of cooperation versus competition; the determinants of happiness and the relationship between utility and well-being; the concept of social capital, including motivations for charity and being a responsible citizen; how trust and fairness relate to economic actions and the motivation to cooperate rather than compete; behavior such as crime, corruption and bribery from ethical, social and economic viewpoints; and, finally, the decision making process of collective choice and how societies develop rules for governing themselves. This is the first book to bridge economics, psychology, sociology and political sciences and explain the nuanced subtleties of decision making.
Behavioral Economics And Smart Decision Making
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Author : Ankal Ahluwalia
language : en
Publisher: Educohack Press
Release Date : 2025-01-03
Behavioral Economics And Smart Decision Making written by Ankal Ahluwalia and has been published by Educohack Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-01-03 with Business & Economics categories.
The illustrations in this book are created by “Team Educohack”. "Behavioral Economics and Smart Decision-Making" explores the modern approach to economics, emphasizing the impact of psychology and human behavior. We delve into various theories within this field, including Prospect Theory, measurement principles, and heuristics and biases. Our book also discusses how behavioral management modernizes traditional management practices. Designed to enhance understanding, this book is an essential resource for anyone interested in the intersection of economics and psychology.
Behavioural Economics And Finance
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Author : Michelle Baddeley
language : en
Publisher: Routledge
Release Date : 2018-10-17
Behavioural Economics And Finance written by Michelle Baddeley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-17 with Business & Economics categories.
Behavioural economics and behavioural finance are rapidly expanding fields that are continually growing in prominence. While orthodox economic models are built upon restrictive and simplifying assumptions about rational choice and efficient markets, behavioural economics offers a robust alternative using insights and evidence that rest more easily with our understanding of how real people think, choose and decide. This insightful textbook introduces the key concepts from this rich, interdisciplinary approach to real-world decision-making. This new edition of Behavioural Economics and Finance is a thorough extension of the first edition, including updates to the key chapters on prospect theory; heuristics and bias; time and planning; sociality and identity; bad habits; personality, moods and emotions; behavioural macroeconomics; and well-being and happiness. It also includes a number of new chapters dedicated to the themes of incentives and motivations, behavioural public policy and emotional trading. Using pedagogical features such as chapter summaries and revision questions to enhance reader engagement, this text successfully blends economic theories with cutting-edge multidisciplinary insights. This second edition will be indispensable to anyone interested in how behavioural economics and finance can inform our understanding of consumers’ and businesses’ decisions and choices. It will appeal especially to undergraduate and graduate students but also to academic researchers, public policy-makers and anyone interested in deepening their understanding of how economics, psychology and sociology interact in driving our everyday decision-making.
Bibliographic Index
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Author :
language : en
Publisher:
Release Date : 2009
Bibliographic Index written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Bibliographical literature categories.
Handbook Of Contemporary Behavioral Economics
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Author : Morris Altman
language : en
Publisher: Routledge
Release Date : 2015-01-30
Handbook Of Contemporary Behavioral Economics written by Morris Altman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-30 with Business & Economics categories.
At a time when both scholars and the public demand explanations and answers to key economic problems that conventional approaches have failed to resolve, this groundbreaking handbook of original works by leading behavioral economists offers the first comprehensive articulation of behavioral economics theory. Borrowing from the findings of psychologists, sociologists, political scientists, legal scholars, and biologists, among others, behavioral economists find that intelligent individuals often tend not to behave as effectively or efficiently in their economic decisions as long held by conventional wisdom. The manner in which individuals actually do behave critically depends on psychological, institutional, cultural, and even biological considerations. "Handbook of Contemporary Behavioral Economics" includes coverage of such critical areas as the Economic Agent, Context and Modeling, Decision Making, Experiments and Implications, Labor Issues, Household and Family Issues, Life and Death, Taxation, Ethical Investment and Tipping, and Behavioral Law and Macroeconomics. Each contribution includes an extensive bibliography.
Case Method And Pluralist Economics
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Author : Kavous Ardalan
language : en
Publisher: Springer
Release Date : 2017-12-09
Case Method And Pluralist Economics written by Kavous Ardalan and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-09 with Business & Economics categories.
This book discusses the relationship between pluralist economics and the case study method of teaching, advocating the complimentary use of both to advance economics education. Using a multi-paradigmatic philosophical frame of analysis, the book discusses the philosophical, methodological, and practical aspects of the case study method while drawing comparisons with those of the more commonly used lecture method. The book also discusses pluralist economics through the exposition of the philosophical foundations of the extant economics schools of thought, which is the focal point of the attention and admiration of pluralist economics. More specifically, the book discusses the major extant schools of thought in economics – Neo-Classical Economics, New Institutional Economics, Behavioral Economics, Austrian Economics, Post-Keynesian Economics, Institutional Economics, Radical Economics, and Marxist Economics—and emphasizes that these schools of thought in economics are equally scientific and informative, that they look at economic phenomena from their certain paradigmatic viewpoint, and that, together, they provide a more balanced understanding of the economic phenomenon under consideration. Emphasizing paradigmatic diversity as the cornerstone of both the case method and pluralist economics, the book draws the two together and makes an effective case for their combined use. A rigorous, multi-faceted analysis of the philosophy, methodology, and practice of economics education, this book is important for academicians and students interested in heterodox economics, philosophy, and education.
Handbook Of Alternative Theories Of Political Economy
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Author : Stilwell, Frank
language : en
Publisher: Edward Elgar Publishing
Release Date : 2022-05-13
Handbook Of Alternative Theories Of Political Economy written by Stilwell, Frank and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-13 with Business & Economics categories.
This Research Handbook advances entrepreneurship theory in new ways by integrating and contributing to contemporary theories of practice. Leading theorists and entrepreneurship experts, who are part of the growing Entrepreneurship as Practice (EaP) research community, expertly propose methodologies, theories and empirical insights into the constitution and consequences of entrepreneuring practices.
Advances In The Sociology Of Trust And Cooperation
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Author : Vincent Buskens
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2020-10-26
Advances In The Sociology Of Trust And Cooperation written by Vincent Buskens and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-26 with Social Science categories.
The problem of cooperation is one of the core issues in sociology and social science more in general. The key question is how humans, groups, organizations, institutions, and countries can avoid or overcome the collective good dilemmas that could lead to a Hobbesian "war of all against all". The chapters in this book provide state of the art examples of research on this crucial topic. These include theoretical, laboratory, and field studies on trust and cooperation, thereby approaching the issue in three complementary and synergetic ways. The theoretical work covers articles on trust and control, reputation formation, and paradigmatic articles on the benefits and caveats of abstracting reality into models. The laboratory studies test the implications of different models of trust and reputation, such as the effects of social and institutional embeddedness and the potentially emerging inequalities this may cause. The field studies test these implications in applied settings such as business purchasing and supply, informal care, and different kinds of collaboration networks. This book is exemplary for rigorous social science. The focus is on effects of social conditions, in particular different forms of social and institutional embeddedness, on social outcomes at the macro level. Modelling efforts are applied to connect social conditions to social outcomes through micro-level behavior in ways that are easily overlooked when argumentation is intuitive and impressionistic. The book sets forth a mixed-method approach by applying different empirical methods to test hypotheses about similar questions. Several contributions re-evaluate the theoretical strengths and weaknesses following from the laboratory and field studies. Improving the theory in light of these findings facilitates pushing the boundaries of social science .