Behavioral Economics Cartwright Edward University of Kent UKPaperback
Behavioral Economics Cartwright Edward University of Kent UKPaperback Over the last few decades behavioral economics has revolutionized the discipline. The results have been exciting and fascinating,…
Specifikacia Behavioral Economics Cartwright Edward University of Kent UKPaperback
Behavioral Economics Cartwright Edward University of Kent UKPaperback
Over the last few decades behavioral economics has revolutionized the discipline. The results have been exciting and fascinating, and have fundamentally changed the way we look at economic behavior.This textbook introduces all the key results and insights of behavioral economics to a student audience. 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.
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. Ideas such as mental accounting, prospect theory, present bias, inequality aversion and learning are explained in detail. Consideration is also given to what