The Psychology of Economic Decisions
Reasons and Choices Volume Two
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Psychology of Economic Decisions by Isabelle Brocas
Book DescriptionPsychologists have a long tradition of studying human behavior, strengths and weaknesses, biases and limitations. Economists have constructed normative frameworks that capture the most important elements of human decision-making and developed powerful tools to determine individual and strategic choices in a variety of situations. Only recently have their strengths been combined and economic models enriched with key ingredients found in psychological studies. This volume covers four of the most important themes in this interdisciplinary field: feelings, inconsistencies, limitations and biases. Each chapter contributes to a more comprehensive and accurate modelling and description of human behavior. Its four parts cover: the origins, formation, and evolution of beliefs; consistency, commitment, and intertemporal separability of dynamic choices; attention, preference formation, and risk evaluation in limited cognition; and affective behaviour, specifically the role of emotions in decision making.
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Book DetailsISBN: 9780199257225
(233mm x 156mm x 15mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 22-Jul-2004
Country of Publication: United Kingdom
Books By Author Isabelle Brocas
Psychology of Economic Decisions, Hardback (July 2004)
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: behavioural game theory, motivated mental states, and emotions and decision making.
Workbook to Accompany Political Economics, Paperback (October 2000)» View all books by Isabelle Brocas
A workbook designed to accompany the theory developed in "Political Economics" of a common mode of analysis, combining theories of macroeconomic policy, public choice and rational choice in political science, to use in the field of political economics.
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Author Biography - Isabelle Brocas
Juan D. Carrillo is Associate Professor at the University of Southern California, and is currently on leave from the Free University of Brussels. He is also a research affiliate at CEPR, a research advisor at EERC (Russia), and Associate Editor of the Spanish Economic Review.
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