Behavioral economics : Fabrizio Ghisellini, Beryl Y. Chang. Moving Forward /

By: Ghisellini, Fabrizio.

Contributor(s): Chang, Beryl Y [author].

Material type: Text

Text Language of document:EnglishPublisher: New York, NY : Springer Berlin Heidelberg, 2018Edition: 1st ed. 2018.Description: XIII, 234 p. : 31 ill., 23 ill. in color. ; 23 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9783319752044.Subject(s): Economics -- Psychological aspects | Economic theory | Education -- Economic aspectsDDC classification: 330.01 G345 Be

Contents:

Part I: How did we get here? -- Chapter 1: Introduction to Part I -- Chapter 2: Does conventional economics fit reality? -- Chapter 3: The behavioral alternative -- Part II: moving forward: seven businesses to finish -- Chapter 4: Introduction to Part II -- Chapter 5: How many real biases are there? -- Chapter 6: How do people form expectations in the real world?. Chapter 7: Time and preferences -- Chapter 8: Rationality: An inferiority complex? -- Chapter 9: The problem with behavioral finance -- Chapter 10: Should biased nudgers nudge us? -- Chapter 11: What we talk about when we talk about behavioral economics.

Summary: This book sets the agenda to turn behavioral economics, which has long been considered a subordinate discipline, into mainstream economics. Ghisellini and Chang expose the conceptual and empirical inadequacy of conventional economics using illustrations of real world decision-making in a dynamic environment, including evidence from the global financial crisis. With a rigorous yet accessible style, they give a comprehensive overview of behavioral economics and of the current state of play in the field across different schools of thought. Seven major conceptual problems still affecting the development of behavioral economics are identified and the authors propose research avenues to address these issues and allow the discipline to receive its long-awaited recognition. Crucial reading for researchers and students looking for insights into the many unsolved problems of economics.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode
Book	Dr. B. R. Ambedkar Central Library Social Science	330.01 G345 Be (Browse shelf(Opens below))	Available		271344

Includes bibliographical references and index.

This book sets the agenda to turn behavioral economics, which has long been considered a subordinate discipline, into mainstream economics. Ghisellini and Chang expose the conceptual and empirical inadequacy of conventional economics using illustrations of real world decision-making in a dynamic environment, including evidence from the global financial crisis. With a rigorous yet accessible style, they give a comprehensive overview of behavioral economics and of the current state of play in the field across different schools of thought. Seven major conceptual problems still affecting the development of behavioral economics are identified and the authors propose research avenues to address these issues and allow the discipline to receive its long-awaited recognition. Crucial reading for researchers and students looking for insights into the many unsolved problems of economics.

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