The Foundations of Behavioral Economic Analysis

The Foundations of Behavioral Economic Analysis PDF Author: Sanjit Dhami
Publisher:
ISBN: 0198853688
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
This is the sixth volume of focused texts developed from leading textbook The Foundations of Behavioral Economics. Authoritative, cutting edge, and accessible, this volume covers behavioral modes of learning.

The Foundations of Behavioral Economic Analysis

The Foundations of Behavioral Economic Analysis PDF Author: Sanjit Dhami
Publisher:
ISBN: 0198853688
Category : Business & Economics
Languages : en
Pages : 300

Get Book Here

Book Description
This is the sixth volume of focused texts developed from leading textbook The Foundations of Behavioral Economics. Authoritative, cutting edge, and accessible, this volume covers behavioral modes of learning.

Quantal Response Equilibrium

Quantal Response Equilibrium PDF Author: Jacob K. Goeree
Publisher: Princeton University Press
ISBN: 069112423X
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory. Nash equilibrium assumes precise and perfect decision making in games, but human behavior is inherently stochastic and people realize that the behavior of others is not perfectly predictable. In contrast, QRE models choice behavior as probabilistic and extends classical game theory into a more realistic and useful framework with broad applications for economics, political science, management, and other social sciences. Quantal Response Equilibrium spans the range from basic theoretical foundations to examples of how the principles yield useful predictions and insights in strategic settings, including voting, bargaining, auctions, public goods provision, and more. The approach provides a natural framework for estimating the effects of behavioral factors like altruism, reciprocity, risk aversion, judgment fallacies, and impatience. New theoretical results push the frontiers of models that include heterogeneity, learning, and well-specified behavioral modifications of rational choice and rational expectations. The empirical relevance of the theory is enhanced by discussion of data from controlled laboratory experiments, along with a detailed users' guide for estimation techniques. Quantal Response Equilibrium makes pioneering game-theoretic methods and interdisciplinary applications available to a wide audience.

Social Computing, Behavioral-Cultural Modeling and Prediction

Social Computing, Behavioral-Cultural Modeling and Prediction PDF Author: Ariel M. Greenberg
Publisher: Springer
ISBN: 3642372104
Category : Computers
Languages : en
Pages : 550

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Book Description
This book constitutes the proceedings of the 6th International Conference on Social Computing, Behavioral-Cultural Modeling and Prediction, SBP 2013, held in Washington, DC, USA in April 2013. The total of 57 contributions, which consists of papers and posters, included in this volume was carefully reviewed and selected from 137 submissions. This conference is strongly committed to multidisciplinarity, consistent with recent trends in computational social science and related fields. The topics covered are: behavioral science, health sciences, military science and information science. There are also many papers that provide methodological innovation as well as new domain-specific findings.

General Principles of Law

General Principles of Law PDF Author: Stefan Vogenauer
Publisher: Bloomsbury Publishing
ISBN: 1509910700
Category : Law
Languages : en
Pages : 651

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Book Description
Examining general principles of law provides one of the most instructive examples of the intersection between EU law and comparative law. This collection draws on the expertise of high-profile and distinguished scholars to provide a critical examination of this interaction. It shows how general principles of EU law need to be responsive to national laws. In addition, it is clear that the laws of the Member States have no choice but to be responsive to the general principles which are developed through EU law. Viewed through the perspective of proportionality, legal certainty, and fundamental rights, the dynamic relationship between the ingenuity of the Court of Justice, the legislative process and the process of Treaty revision is comprehensively illustrated.

Research Methods in Consumer Law

Research Methods in Consumer Law PDF Author: Hans-W. Micklitz
Publisher: Edward Elgar Publishing
ISBN: 1785366610
Category : Consumer behavior
Languages : en
Pages : 585

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Book Description
Consumer law is worthy of greater academic attention at a time when many new questions arise and old ones need new answers. This unique handbook takes the reader on a journey through existing literature, research questions and methods. It builds on the state of the art to offer a springboard for jumping to the heart of contemporary issues and equips researchers with a starter’s kit to weave together rich traditions, ranging from socio-economics to behavioural analysis.

The Foundations of Behavioral Economic Analysis

The Foundations of Behavioral Economic Analysis PDF Author: Sanjit S. Dhami
Publisher: Oxford University Press
ISBN: 0198715528
Category : Business & Economics
Languages : en
Pages : 1799

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Book Description
It considers the evidence against the exponential discounted utility model and describes several behavioral models such as hyperbolic discounting, attribute based models and the reference time theory. Part IV describes the evidence on classical game theory and considers several models of behavioral game theory, including level-k and cognitive hierarchy models, quantal response equilibrium, and psychological game theory. Part V considers behavioral models of learning that include evolutionary game theory, classical models of learning, experience weighted attraction model, learning direction theory, and stochastic social dynamics. Part VI studies the role of emotions; among other topics it considers projection bias, temptation preferences, happiness economics, and interaction between emotions and cognition. Part VII considers bounded rationality. The three main topics considered are judgment heuristics and biases, mental accounting, and behavioral finance.

The Origin of Ideas

The Origin of Ideas PDF Author: Mark Turner
Publisher: Oxford University Press
ISBN: 0199988846
Category : Psychology
Languages : en
Pages : 595

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Book Description
What makes human beings so innovative, so adept at rapid, creative thinking? Where do new ideas come from, and once we have them, how can we carry them mentally into new situations? What allows our thinking to range easily over time, space, causation, and agency-so easily that we take this truly remarkable ability for granted? In The Origin of Ideas, Mark Turner offers a provocative new theory to answer these and many other questions. While other species do what we cannot-fly, run amazingly fast, see in the dark-only human beings can innovate so rapidly and widely. Turner argues that this distinctively human spark was an evolutionary advance that developed from a particular kind of mental operation, which he calls "blending": our ability to take two or more ideas and create a new idea in the "blend." Turner begins by looking at the "lionman," a 32,000-year-old ivory figurine, one of the earliest examples of blending. Here, the concepts "lion" and "man" are merged into a new figure, the "lionman." Turner argues that at some stage during the Paleolithic Age, humans reached a tipping point. Before that, we were a bunch of large, unimaginative mammals. After that, we were poised to take over the world. Once biological evolution hit upon making brains that could do advanced blending, we possessed the capacity to invent and maintain culture. Cultural innovation could then progress by leaps and bounds over biological evolution itself, leading to the highest forms of human cognition and creativity. For anyone interested in how and why our minds work the way they do, The Origin of Ideas offers a wealth of original insights-and is itself a brilliant example of the innovative thinking it describes.

The Foundations of Positive and Normative Economics

The Foundations of Positive and Normative Economics PDF Author: Andrew Caplin
Publisher: Oxford University Press
ISBN: 0199890110
Category : Business & Economics
Languages : en
Pages : 405

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Book Description
The Foundations of Positive and Normative Economics: A Handbook is the first book in a new series by Andrew Caplin and Andrew Schotter. There is currently no guide available on the rapidly changing methodological frontiers of the field of economics. Economists have been introducing new theories and new sources of data at a remarkable rate in recent years, and there are widely divergent views both on how productive these expansions have been in the past, and how best to make progress in the future. The speed of these changes has left economists ill at ease, and has created a backlash against new methods. The series will debate these critical issues, allowing proponents of a particular research method to present proposals in a safe yet critical context, with alternatives being clarified. This first volume, written by some of the most prominent researchers in the discipline, reflects the challenges that are opened by new research opportunities. The goal of the current volume and the series it presages, is to formally open a dialog on methodology. The editors' conviction is that such a debate will rebound to the benefit of social science in general, and economics in particular. The issues under discussion strike to the very heart of the social scientific enterprise. This work is of tremendous importance to all who are interested in the contributions that academic research can make not only to our scientific understanding, but also to matters of policy.

Evaluating Methodology in International Studies

Evaluating Methodology in International Studies PDF Author: Frank P. Harvey
Publisher: University of Michigan Press
ISBN: 0472023667
Category : Political Science
Languages : en
Pages : 203

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Book Description
Evaluating Methodology in International Studies offers a unique collection of original essays by world-renowned political scientists. The essays address the state of the discipline in regard to the methodology of researching global politics, focusing in particular on formal modeling, quantitative methods, and qualitative approaches in International Studies. The authors reflect on the strengths and weaknesses of current methodology and suggest ways to advance theory and research in International Studies. This volume is essential reading for methods courses and will be of interest to scholars and students alike. See table of contents and excerpts. Frank P. Harvey is Professor of Political Science and Director of the Centre for Foreign Policy Studies at Dalhousie University. Michael Brecher is the R.B. Angus Professor of Political Science at McGill University and past president of the International Studies Association. Millennial Reflections on International Studies This volume is part of the Millennial Reflections on International Studies project in which forty-five prominent scholars engage in self-critical, state-of-the-art reflection on international studies to stimulate debates about successes and failures and to address the larger questions of progress in the discipline. Other paperbacks from this project: Realism and Institutionalism in International Studies Conflict, Security, Foreign Policy, and International Political Economy: Past Paths and Future Directions in International Studies Critical Perspectives in International Studies The full collection of essays is available in the handbook Millennial Reflections on International Studies.

Handbook of Utility Theory

Handbook of Utility Theory PDF Author: Salvador Barbera
Publisher: Springer Science & Business Media
ISBN: 1402079648
Category : Business & Economics
Languages : en
Pages : 636

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Book Description
The standard rationality hypothesis is that behaviour can be represented as the maximization of a suitably restricted utility function. This hypothesis lies at the heart of a large body of recent work in economics, of course, but also in political science, ethics, and other major branches of the social sciences. Though this hypothesis of utility maximization deserves our continued respect, finding further refinements and developing new critiques remain areas of active research. In fact, many fundamental conceptual problems remain unsettled. Where others have been resolved, their resolutions may be too recent to have achieved widespread understanding among social scientists. Last but not least, a growing number of papers attempt to challenge the rationality hypothesis head on, at least in its more orthodox formulation. The main purpose of this Handbook is to make more widely available some recent developments in the area. Yet we are well aware that the final chapter of a handbook like this can never be written as long as the area of research remains active, as is certainly the case with utility theory. The editors originally selected a list of topics that seemed ripe enough at the time that the book was planned. Then they invited contributions from researchers whose work had come to their attention. So the list of topics and contributors is largely the editors' responsibility, although some potential con tributors did decline our invitation. Each chapter has also been refereed, and often significantly revised in the light of the referees' remarks.