Book/Printed Material Is behavioral economics doomed? : the ordinary versus the extraordinary
About this Item
Title
- Is behavioral economics doomed? : the ordinary versus the extraordinary
Summary
- "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.
Names
- Levine, David K.
Created / Published
- Cambridge : Open Book Publishers, 2012.
Headings
- - Economics--Psychological aspects
- - Biography and True Stories
- - BUSINESS & ECONOMICS--Economics--General
- - BUSINESS & ECONOMICS--Economics--Microeconomics
- - BUSINESS & ECONOMICS--Reference
- - Economic models
- - Economic theory
- - Economics
- - Game theory
- - Microeconomics
- - Psychology
- - Rationality
Genre
- Electronic books
Notes
- - Includes bibliographical references (pages 131-138) and index.
- - Description based on online resource; title from PDF title page (viewed April 08, 2020).
Medium
- 1 online resource (141 pages) : illustrations
Call Number/Physical Location
- HB74.P8
Digital Id
Library of Congress Control Number
- 2019467805
OCLC Number
- 849917882
Reproduction Number
- 22573/ctt5n0c94
Rights Advisory
- Creative Commons Attribution-ShareAlike 3.0 Unported CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0/legalcode External
Access Advisory
- Unrestricted online access
Online Format
- image