Renaissance in Behavioral Economics

Renaissance in Behavioral Economics PDF Author: Roger Frantz
Publisher: Routledge
ISBN: 1135994161
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline. The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegie School, and intra-industry efficiency in less developed countries.

Renaissance in Behavioral Economics

Renaissance in Behavioral Economics PDF Author: Roger Frantz
Publisher: Routledge
ISBN: 1135994161
Category : Business & Economics
Languages : en
Pages : 249

Get Book Here

Book Description
Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline. The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegie School, and intra-industry efficiency in less developed countries.

Renaissance in Behavioral Economics

Renaissance in Behavioral Economics PDF Author: Roger Frantz
Publisher: Routledge
ISBN: 1135994153
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline. The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegie School, and intra-industry efficiency in less developed countries.

Handbook of Contemporary Behavioral Economics

Handbook of Contemporary Behavioral Economics PDF Author: Morris Altman
Publisher: Routledge
ISBN: 131746916X
Category : Business & Economics
Languages : en
Pages : 785

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Book Description
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.

Routledge Handbook of Behavioral Economics

Routledge Handbook of Behavioral Economics PDF Author: Roger Frantz
Publisher: Routledge
ISBN: 1317589246
Category : Business & Economics
Languages : en
Pages : 435

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Book Description
There is no doubt that behavioral economics is becoming a dominant lens through which we think about economics. Behavioral economics is not a single school of thought but representative of a range of approaches, and uniquely, this volume presents an overview of them. The wide spectrum of international contributors each provides an exploration of a central approach, aspect or topic in behavorial economics. Taken together, the whole volume provides a comprehensive overview of the subject which considers both key developments and future possibilities. Part One presents several different approaches to behavioural economics, including George Katona, Ken Boulding, Harvey Leibenstein, Vernon Smith, Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Richard Thaler. This section looks at the origins and development of behavioral economics and compares and contrasts the work of these scholars who have been so influential in making this area so prominent. Part Two presents applications of behavioural economics including nudging; heuristics; emotions and morality; behavioural political economy, education, and economic innovation. The Routledge Handbook of Behavioral Economics is ideal for advanced economics students and faculty who are looking for a complete state-of-the-art overview of this dynamic field.

Handbook of Research Methods in Behavioural Economics

Handbook of Research Methods in Behavioural Economics PDF Author: Morris Altman
Publisher: Edward Elgar Publishing
ISBN: 1839107944
Category : Business & Economics
Languages : en
Pages : 533

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Book Description
This comprehensive Handbook addresses a wide variety of methodological approaches adopted and developed by behavioural economists, exploring the implications of such innovations for analysis and policy.

Handbook of Behavioural Economics and Smart Decision-Making

Handbook of Behavioural Economics and Smart Decision-Making PDF Author: Morris Altman
Publisher: Edward Elgar Publishing
ISBN: 1782549595
Category : Business & Economics
Languages : en
Pages : 607

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Book Description
This Handbook is a unique and original contribution of over thirty chapters on behavioural economics, examining and addressing an important stream of research where the starting assumption is that decision-makers are for the most part relatively smart or rational. This particular approach is in contrast to a theme running through much contemporary work where individuals’ behaviour is deemed irrational, biased, and error-prone, often due to how people are hardwired. In the smart people approach, where errors or biases occur and when social dilemmas arise, more often than not, improving the decision-making environment can repair these problems without hijacking or manipulating the preferences of decision-makers. This book covers a wide-range of themes from micro to macro, including various sub-disciplines within economics such as economic psychology, heuristics, fast and slow-thinking, neuroeconomics, experiments, the capabilities approach, institutional economics, methodology, nudging, ethics, and public policy.

Economic Policy and Performance in Industrial Democracies

Economic Policy and Performance in Industrial Democracies PDF Author: Takayuki Sakamoto
Publisher: Routledge
ISBN: 1135976376
Category : Business & Economics
Languages : en
Pages : 565

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Book Description
This book is the first systematic study of how the interdependence of fiscal and monetary policies and the interaction of party governments and central banks affect the fiscal-policy mix in eighteen industrial democracies in North America, Western Europe, Japan and Oceania. Sakamoto argues that central banks influence on economic policy is far mor

Microeconomics

Microeconomics PDF Author: Judy Whitehead
Publisher: Routledge
ISBN: 1000115801
Category : Business & Economics
Languages : en
Pages : 517

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Book Description
Microeconomics is concerned with the production, consumption and distribution of goods by the micro units of individuals, firms and markets within the economy. It can also be considered a study of scarcity and the choices to be made for the attainment of goals within constraints. These goals are those set by consumers, producers and policy makers in the market. This book provides a brand new approach to the teaching and study of microeconomics – an elementary guide to the fundamental principles of the subject. It gives students from all parts of the world the opportunity to understand and appreciate the value of microeconomic tools and concepts for analyzing market processes in their economic environment, as well as maintaining a perspective on issues of trade and competitiveness, thus drawing attention to the relevance of microeconomic theory beyond the domestic scene to issues of trade and competitiveness on the international arena. The book contains a wealth of international case studies and covers topics such as: - elasticity - Cobb-Douglas Production functions - dynamic stability of market equilibrium - monopolies and monopolistic competition - project analysis The perfect introduction to the building blocks of contemporary microeconomic theory, this book will be of interest to undergraduate students in international economics, industrial economics, managerial economics and agricultural economics. It will also be a useful reference guide for graduates requiring a break down of difficult microeconomic principles.

Addiction as Consumer Choice

Addiction as Consumer Choice PDF Author: Gordon Foxall
Publisher: Routledge
ISBN: 113447217X
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
A striking characteristic of addictive behavior is the pursuit of immediate reward at the risk of longer-term detrimental outcomes. It is typically accompanied by the expression of a strong desire to cease from or at least control consumption that has such consequences, followed by lapse, further resolution, relapse, and so on. Understood in this way, addiction includes substance abuse as well as behavioral compulsions like excessive gambling or even uncontrollable shopping. Behavioral economics and neurophysiology provide well-worn paths to understanding this behavior and this book regards them as central components of this quest. However, the specific question it seeks to answer is, What part does cognition – the desires we pursue and the beliefs we have about how to accomplish them – play in explaining addictive behavior? The answer is sought in a methodology that indicates why and where cognitive explanation is necessary, the form it should take, and the outcomes of employing it to understand addiction. It applies the Behavioral Perspective Model (BPM) of consumer choice, a tried and tested theory of more routine consumption, ranging from everyday product and brand choice, through credit purchasing and environmental despoliation, to the more extreme aspects of consumption represented by compulsion and addiction. The book will advance debate among behavioral scientists, cognitive psychologists, and other professionals about the nature of economic and social behavior.

In Fact

In Fact PDF Author: Mark Henry
Publisher: Gill & Macmillan Ltd
ISBN: 0717190390
Category : History
Languages : en
Pages : 416

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Book Description
This optimistic guide to Ireland at 100 tells our national story through facts and stats, placing Ireland under the microscope to chart 100 achievements of the past 100 years. Ireland remained one of the most poverty-stricken nations in Europe for decades after the State was formed. Yet now, it has the second-highest standard of living in the world. Author Mark Henry has gathered the data to tell an under-told story of our national progress across every aspect of Irish life. He identifies the factors that account for Ireland's extraordinary success, as well as the five most prominent psychological biases that prevent us from recognising how far we have come. He also highlights the greatest challenges that we must now address if we are to continue to progress in the century ahead. While there is still more to be done, In Fact illustrates that Ireland, for all its imperfections, is in a much better state than you might think.