Is behavioral economics doomed? the ordinary versus the extraordinary

"It is fashionable to criticize economic theory for focusing too much on rationality and ignoring the imperfect and emotional way in which real economic decisions are reached. All of us facing the global economic crisis wonder just how rational economic men and women can be. Behavioral economic...

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Detalles Bibliográficos
Autor principal: Levine, David K. (-)
Autor Corporativo: Open Book Publishers (-)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Cambridge : Open Book Publishers 2012.
Edición:1st ed
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009419761406719
Descripción
Sumario:"It is fashionable to criticize economic theory for focusing too much on rationality and ignoring the imperfect and emotional way in which real economic decisions are reached. All of us facing the global economic crisis wonder just how rational economic men and women can be. Behavioral economics — an effort to incorporate psychological ideas into economics — has become all the rage.This book by well-known economist David K. Levine questions the idea that behavioral economics is the answer to economic problems. It explores the successes and failures of contemporary economics both inside and outside the laboratory. It then asks whether popular behavioral theories of psychological biases are solutions to the failures. It not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them. Levine's book is essential reading for students and teachers of economic theory and anyone interested in the psychology of economics."--Publisher's website.
Notas:Description based upon print version of record.
Available through Open Book Publishers.
Descripción Física:1 online resource (141 pages) : illustrations; digital, PDF file(s)
Also available in print form
Bibliografía:Includes bibliographical references and index.
ISBN:9781906924959
9782821817166
9781906924942