The Psychology of Economic Decisions: Rationality and Well-Being

The Psychology of Economic Decisions: Rationality and Well-Being

by Isabelle Brocas
     
 

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ISBN-10: 0199251061

ISBN-13: 9780199251063

Pub. Date: 04/28/2003

Publisher: Oxford University Press, USA

A collection of carefully selected contributions to behavioral economics from some of the leading international scholars in the field. Designed to fully complement Volume One, topics covered include preferences, behavioral game theory, motivated mental states and emotions and decision making.

Overview

A collection of carefully selected contributions to behavioral economics from some of the leading international scholars in the field. Designed to fully complement Volume One, topics covered include preferences, behavioral game theory, motivated mental states and emotions and decision making.

Product Details

ISBN-13:
9780199251063
Publisher:
Oxford University Press, USA
Publication date:
04/28/2003
Pages:
360
Product dimensions:
9.30(w) x 6.20(h) x 1.10(d)

Table of Contents

Introduction, Isabelle Brocas and Juan D. Carrillo
Part I: The Causes and Consequences of 'Irrational' Conducts
1. The Psychology of Irrationality: Why people make foolish, self-defeating choices, Roy F. Baumeister
2. Irrational Pursuit: Hyper-incentives from a visceral brain, Kent Berridge
3. The Pursuit and Assessment of Happiness May Be Self-Defeating, Jonathan W. Schooler, Daniel Ariely, and George Loewenstein
Part II: Imperfect Self-Knowledge and the Role of Information
4. Behavioral Policy, Andrew Caplin and John Leahy
5. Information and Self-Control, Isabelle Brocas and Juan D. Carrillo
6. Self-Signaling and Diagnostic Utility in Everyday Decision-Making, Ronit Bodner and Drazen Prelec
Part III: Imperfect Memory and Limited Capacity to Process Information
7. Mental Accounting and the Absentminded Driver, Itzhak Gilboa and Eva Gilboa-Schechtman
8. Self-Knowledge and Self-Regulation: An economic approach, Roland Benabou and Jean Tirole
9. A New Challenge for Economics: 'The frame problem', Xavier Gabaix and David Laibson
Part IV: Time and Utility
10. Experienced Utility and Objective Happiness: A moment-based approach, Daniel Kahneman
11. Making Sense: The causes of emotional evanescence, Timothy D. Wilson, Daniel Gilbert, and David B. Centerbar
12. Temporal Construal Theory of Time-Dependent Preferences, Yaacov Trope and Nira Liberman
Part V: Experimental Practices in Psychology, Economics, and Finance
13. Economists' and Psychologists' Experimental Practices: How they differ, why they differ, and how they could converge, Ralph Hertwig and Andreas Ortmann
14. Psychology and the Financial Markets: Applications to understanding and remedying irrational decision-making, Denis Hilton
15. What Causes Nominal Inertia? Insights from experimental economics, Ernst Fehr and Jean-Robert Tyran

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