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Behavioral Economics (Routledge Advanced Texts in Economics and Finance)
 
 

Behavioral Economics (Routledge Advanced Texts in Economics and Finance) [Kindle Edition]

Edward Cartwright

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Product Description

Product 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 behaviour.


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 neuroeconomics, emotions, deception, and the contrast between group and individual behaviour, among other topics, to ensure that readers are kept up-to-speed with this fast-paced field. A companion website is also now available containing a test bank of questions and worked examples allowing users to see for themselves how changing the parameters can change the outcomes. This book remains the ideal introduction to behavioral economics for advanced undergraduate and graduate students.

About the Author

Edward Cartwright is a Senior Lecturer in Economics at the University of Kent, Canterbury, United Kingdom


Product details

  • Format: Kindle Edition
  • File Size: 5925 KB
  • Print Length: 582 pages
  • Simultaneous Device Usage: Up to 4 simultaneous devices, per publisher limits
  • Publisher: Routledge; 2 edition (29 April 2014)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B00K0LKSJ2
  • Text-to-Speech: Enabled
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  • Amazon Bestsellers Rank: #808,930 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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