Modern Developments in Behavioral Economics is popular PDF and ePub book, written by John Malcolm Dowling in 2007-09-04, it is a fantastic choice for those who relish reading online the Psychology genre. Let's immerse ourselves in this engaging Psychology book by exploring the summary and details provided below. Remember, Modern Developments in Behavioral Economics can be Read Online from any device for your convenience.
Modern Developments in Behavioral Economics Book PDF Summary
This book examines the field of behavioral economics and provides insights into the following questions: Does utility bring happiness?How do emotions and personal perspectives color our economic decisions?How do altruism, trust, fairness and justice come into play in game theory?Why are some organizations so successful in implementing their objectives?Can advances in neuroeconomics unlock the secrets of how decisions are made? The book looks at decision making and behavior from the point of view of (i) individual behavior and choice; (ii) group and interactive choice; and (iii) collective choices and decision making. In particular, it covers the following aspects: instances when bounded rationality leads to decisions inconsistent with standard economic assumptions; risk and the processes by which investors and consumers make decisions; altruistic and cooperative behavior as alternatives to competition; game theory as a way to explore motives of cooperation versus competition; the determinants of happiness and the relationship between utility and well-being; the concept of social capital, including motivations for charity and being a responsible citizen; how trust and fairness relate to economic actions and the motivation to cooperate rather than compete; behavior such as crime, corruption and bribery from ethical, social and economic viewpoints; and, finally, the decision making process of collective choice and how societies develop rules for governing themselves. This is the first book to bridge economics, psychology, sociology and political sciences and explain the nuanced subtleties of decision making.
Detail Book of Modern Developments in Behavioral Economics PDF
- Author : John Malcolm Dowling
- Release : 04 September 2007
- Publisher : World Scientific Publishing Company
- ISBN : 9789813106871
- Genre : Psychology
- Total Page : 460 pages
- Language : English
- PDF File Size : 7,5 Mb
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