ISBN-10:
067400177X
ISBN-13:
9780674001770
Pub. Date:
05/19/2000
Publisher:
Harvard
The Matching Law: Papers in Psychology and Economics

The Matching Law: Papers in Psychology and Economics

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Product Details

ISBN-13: 9780674001770
Publisher: Harvard
Publication date: 05/19/2000
Series: Russell Sage Foundation Books at Harvard University Press Series
Edition description: New Edition
Pages: 352
Product dimensions: 5.68(w) x 8.87(h) x (d)

About the Author

Richard J. Herrnstein was Edgar Pierce Professor of Psychology at Harvard University.

Howard Rachlin is Distinguished Professor of Psychology, Emeritus, at Stony Brook University.

David I. Laibson is Robert I. Goldman Professor of Economics at Harvard University.

Table of Contents

Preface

Editors' Note

Introduction

Part I. The Matching Law: Against Reflexology

1. Relative and Absolute Strength of Response as a Function of Frequency of Reinforcement

2. Toward a Law of Response Strength

3. Derivatives of Matching

4. Melioration as Behavioral Dynamism

Part II. Self-Control

5. Choice and Delay of Reinforcement

6. Self-Control as Response Strength

7. On the Functions Relating Delay,
Reinforcer Value, and Behavior

8. Lost and Found: One Self

9. A Theory of Addiction

Part III. Against Optimization

10. Stability, Melioration, and Natural Selection

11. Rational Choice Theory: Necessary but Not Sufficient

12. Behavior, Reinforcement, and Utility

13. Experiments on Stable Suboptimality in Individual Behavior

14. Melioration: A Theory of Distributed Choice

15. Preferences or Principles: Alternative Guidelines for Choice

References

Index

What People are Saying About This

This collection of brilliant essays and lucid editorial introductions explains the fundamental law of action and choice that Herrnstein discovered, and highlights his unique contribution to our understanding of the persistence of self-destructive behavior.

Daniel Kahneman

This collection of brilliant essays and lucid editorial introductions explains the fundamental law of action and choice that Herrnstein discovered, and highlights his unique contribution to our understanding of the persistence of self-destructive behavior.
Daniel Kahneman, Princeton University

Richard J. Zeckhauser

The Matching Law tells us one big thing: people systematically misallocate their resources. Like pigeons, humans tend to focus on immediate rewards, and to neglect how current activities affect future payoffs...Choose this book. It will change your perceptions of the world, and subsequently, quite possibly how you spend your time.
Richard J. Zeckhauser, Harvard University

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