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The Psychology of Economic Decisions Isabelle Brocas (, Department of Economics, Columbia University ECARES CEPR)

The Psychology of Economic Decisions By Isabelle Brocas (, Department of Economics, Columbia University ECARES CEPR)

The Psychology of Economic Decisions by Isabelle Brocas (, Department of Economics, Columbia University ECARES CEPR)

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Summary

The text brings together contributions to the burgeoning research area of behavioural economics from a number of well-known scholars in the field. Topics covered include irrational conducts, imperfect memory, economics and finance.

The Psychology of Economic Decisions Summary

The Psychology of Economic Decisions: Volume One: Rationality and Well-Being by Isabelle Brocas (, Department of Economics, Columbia University ECARES CEPR)

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.

The Psychology of Economic Decisions Reviews

A fascinating and timely book. * Journal of economic Behaviour and Organization *

About Isabelle Brocas (, Department of Economics, Columbia University ECARES CEPR)

Isabelle Brocas is at the Department of Economics, Columbia University. She is also a research affiliate at CEPR, and co-editor of the Annals of Marie Curie Fellows Association. Juan D. Carrillo is Associate Professor at Columbia University Graduate School of Business. He is also a research affiliate at CEPR, and Associate Editor of the Spanish Economic Review.

Table of Contents

Introduction ; PART I: THE CAUSES AND CONSEQUENCES OF 'IRRATIONAL' CONDUCTS ; 1. The Psychology of Irrationality: Why people make foolish, self-defeating choices ; 2. Irrational Pursuit: Hyper-incentives from a visceral brain ; 3. The Pursuit and Assessment of Happiness May Be Self-Defeating ; PART II: IMPERFECT SELF-KNOWLEDGE AND THE ROLE OF INFORMATION ; 4. Behavioral Policy ; 5. Information and Self-Control ; 6. Self-Signaling and Diagnostic Utility in Everyday Decision-Making ; PART III: IMPERFECT MEMORY AND LIMITED CAPACITY TO PROCESS INFORMATION ; 7. Mental Accounting and the Absentminded Driver ; 8. Self-Knowledge and Self-Regulation: An economic approach ; 9. A New Challenge for Economics: 'The frame problem' ; PART IV: TIME AND UTILITY ; 10. Experienced Utility and Objective Happiness: A moment-based approach ; 11. Making Sense: The causes of emotional evanescence ; 12. Temporal Construal Theory of Time-Dependent Preferences ; 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 ; 14. Psychology and the Financial Markets: Applications to understanding and remedying irrational decision-making ; 15. What Causes Nominal Inertia? Insights from experimental economics

Additional information

NPB9780199251063
9780199251063
0199251061
The Psychology of Economic Decisions: Volume One: Rationality and Well-Being by Isabelle Brocas (, Department of Economics, Columbia University ECARES CEPR)
Isabelle Brocas (, Department of Economics, Columbia University ECARES CEPR)
New
Hardback
Oxford University Press
2003-02-13
354
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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