Behavioral Economics and Human Motivation
By (author) George Loewenstein
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Exotic Preferences by George Loewenstein
Book DescriptionGeorge Loewenstein is one of the pioneers of the rapidly growing field of behavioral economics. For over twenty years he has been working at the intersection of economics and psychology and is one of the few people of whom it can be said that their work is equally respected and well known within both disciplines. This book brings together a selection of his papers focusing on what he calls "exotic preferences"- the disparate motives that drive human behavior. In addition to covering the history and methodology of behavioral economics, they also touch on a wide range of fascinating topics such as the motives that drive extreme athletes, our propensity to want to get unpleasant experiences out of the way so we can focus on the more pleasant, and the psychology of curiosity. There are also papers on social preferences, discussing the importance of perceptions of fairness in interpersonal interactions, intertemporal choice- the tradeoffs between costs and benefits occurring at different points in time- and the impact of emotion on economic decision making. An original introduction outlines Loewenstein's general approach to research, and there are short introductions to each paper outlining briefly when, how and why they came to be written, providing a fascinating and vivid insight into the process of intellectual creativity.
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Book DetailsISBN: 9780199257089
(233mm x 156mm x 38mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 10-Jul-2008
Country of Publication: United Kingdom
Books By Author George Loewenstein
Conflicts of Interest, Paperback (June 2010)
This collection explores the subject of conflicts of interest.
Exotic Preferences, Hardback (August 2007)
George Loewenstein has been at the forefront of progress in bringing together the disciplines of economics and psychology. This volume presents a selection of his most influential papers with an introduction which provides an historical overview of the concept of preferences, summarizes his papers, and places them in the context of the literature.
Advances in Behavioral Economics, Paperback (December 2003)» View all books by George Loewenstein
Behavioral economics has become virtually mainstream, and is well represented in prominent journals and top economics departments. This book assembles some of the most important papers on behavioral economics published since around 1990.
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Author Biography - George Loewenstein
George Loewenstein, one of the founders of the field of behavioral economics and of the new field of neuroeconomics, is the Herbert A. Simon Professor of Economics and Psychology at Carnegie Mellon University. He received his PhD in economics from Yale University in 1985 and since then has held academic positions at the University of Chicago and Carnegie Mellon University, and fellowships at Center for Advanced Study in the Behavioral Sciences, The Institute for Advanced Study in Princeton, The Russell Sage Foundation and The Institute for Advanced Study in Berlin. His research focuses on applications of psychology to economics. Loewenstein has published more than 100 journal articles in economics, psychology, law, business and medicine as well as numerous books and book chapters. He is the former president of the Society for Judgment and Decision Making.
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