
Behavioral Economics
Edward Cartwright(Author)
Routledge (Publisher)
3rd Edition
Published on 23. January 2018
Book
Paperback/Softback
556 pages
978-1-138-09712-4 (ISBN)
Article exhausted; check for reprint
Description
Over the last few decades behavioral economics has revolutionized the discipline. It has done so by putting the human back into economics, by recognizing that people sometimes make mistakes, care about others and are generally not as cold and calculating as economists have traditionally assumed. The results have been exciting and fascinating, and have fundamentally changed the way we look at economic behavior.
This textbook introduces all the key results and insights of behavioral economics to a student audience. Ideas such as mental accounting, prospect theory, present bias, inequality aversion and learning are explained in detail. These ideas are also applied in diverse settings such as auctions, stock market crashes, charitable donations and health care, to show why behavioral economics is crucial to understanding the world around us. Consideration is also given to what makes people happy, and how we can potentially nudge people to be happier.
This new edition contains expanded and updated coverage of contract theory, bargaining in the family, time and risk, and stochastic reference points, among other topics, to ensure that readers are kept up to speed with this fast-paced field. The companion website is also updated with a range of new questions and worked examples. This book remains the ideal introduction to behavioral economics for advanced undergraduate and graduate students.
This textbook introduces all the key results and insights of behavioral economics to a student audience. Ideas such as mental accounting, prospect theory, present bias, inequality aversion and learning are explained in detail. These ideas are also applied in diverse settings such as auctions, stock market crashes, charitable donations and health care, to show why behavioral economics is crucial to understanding the world around us. Consideration is also given to what makes people happy, and how we can potentially nudge people to be happier.
This new edition contains expanded and updated coverage of contract theory, bargaining in the family, time and risk, and stochastic reference points, among other topics, to ensure that readers are kept up to speed with this fast-paced field. The companion website is also updated with a range of new questions and worked examples. This book remains the ideal introduction to behavioral economics for advanced undergraduate and graduate students.
More details
Series
Edition
3rd edition
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
131 s/w Tabellen, 206 s/w Abbildungen, 206 s/w Zeichnungen
131 Tables, black and white; 206 Line drawings, black and white; 206 Illustrations, black and white
Dimensions
Height: 234 mm
Width: 156 mm
Weight
1160 gr
ISBN-13
978-1-138-09712-4 (9781138097124)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
New editions

Additional editions

Edward Cartwright
Behavioral Economics
Book
01/2018
3rd Edition
Routledge
€166.50
Article exhausted; check for reprint
Previous edition

Edward Cartwright
Behavioral Economics
Book
05/2014
2nd Edition
Routledge
€81.90
Article exhausted; check for reprint
Person
Edward Cartwright is a Reader in Economics at the University of Kent, Canterbury, UK.
Content
PART I
Introduction
1 An introduction to behavioral economics
PART II
Economic behavior
2 Simple heuristics for complex choices
3 Choice with risk
4 Choosing when to act
5 Learning from new information
6 Interacting with others
7 Social preferences
PART III
Origins of behavior
8 Evolution and culture
9 Neuroeconomics
PART IV
Welfare and policy
10 Happiness and utility
11 Policy and behavior
Introduction
1 An introduction to behavioral economics
PART II
Economic behavior
2 Simple heuristics for complex choices
3 Choice with risk
4 Choosing when to act
5 Learning from new information
6 Interacting with others
7 Social preferences
PART III
Origins of behavior
8 Evolution and culture
9 Neuroeconomics
PART IV
Welfare and policy
10 Happiness and utility
11 Policy and behavior