Behavioral Economics Of Preferences Choices And Happiness

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Behavioral Economics of Preferences, Choices, and Happiness

Author : Shinsuke Ikeda,Hideaki Kiyoshi Kato,Fumio Ohtake,Yoshiro Tsutsui
Publisher : Springer
Page : 717 pages
File Size : 53,7 Mb
Release : 2016-01-13
Category : Business & Economics
ISBN : 9784431554028

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Behavioral Economics of Preferences, Choices, and Happiness by Shinsuke Ikeda,Hideaki Kiyoshi Kato,Fumio Ohtake,Yoshiro Tsutsui Pdf

This book is a collection of important contributions by Japanese researchers and their coauthors to present current advances in behavioral economics and finance, particularly in relation to decision making and human well-being. The topics covered in this volume include decision making under the conditions of inter-temporal choices, risk and social relations, happiness and the neuro-scientific/biological basis of behavior. The book includes works of research, both theoretical and empirical, on time discounting, time preferences, risk aversion, altruism, social status, happiness, addiction, limited attention and health and financial investments. The authors of the chapters add supplementary discussions to survey more recent advances on related topics or to provide detailed information that were abbreviated in the original publications. The addenda will enable readers to deepen their understanding of decision making and human well-being.

Decisions, Preferences, and Heuristics

Author : Pere Mir-Artigues
Publisher : Edward Elgar Publishing
Page : 293 pages
File Size : 52,8 Mb
Release : 2023-08-14
Category : Business & Economics
ISBN : 9781035315277

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Decisions, Preferences, and Heuristics by Pere Mir-Artigues Pdf

This enlightening book comprehensively maps the current state of economic psychology and behavioural economics. Exploring key concepts, topics and models in the field, it is also a launching pad for future research and provides useful insights on how good personal and professional decisions can be made, advancing microeconomic discourse.

The Economics of Self-Destructive Choices

Author : Shinsuke Ikeda
Publisher : Springer
Page : 191 pages
File Size : 46,7 Mb
Release : 2016-02-19
Category : Business & Economics
ISBN : 9784431557937

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The Economics of Self-Destructive Choices by Shinsuke Ikeda Pdf

Based on recent advances in economics, especially those in behavioral economics, this book elucidates theoretically and empirically the mechanism of time-inconsistent decision making that leads to various forms of self-destructive behavior. The topics include over-eating and obesity, over-spending, over-borrowing, under-saving, procrastination, smoking, gambling, over-drinking, and other intemperate behaviors, all of which relate to serious social problems in advanced countries. In this book, the author attempts to construct a bridge between the basic theory of time discounting, especially as of hyperbolic discounting, and empirically observed “irrational (non-classical)” behavior in the various contexts just mentioned. The empirical validity of the theory is discussed using unique micro data as well as public macro data. The book proposes prescriptions for individual decision makers, whether sophisticated or naïve, to make better choices in self-control problems, and also provides policy makers with useful advice for influencing people’s decision making in the right directions. This work is recommended not only to general readers who seek to learn how to attain better self-regulation under self-control problems. It also helps researchers who seek an overview of positive and normative implications of hyperbolic discounting, and thereby reconstruct economic theory for a better understanding of actual human behavior and the resulting economic dynamics .

Modern Developments in Behavioral Economics

Author : John Malcolm Dowling,Chin-Fang Yap
Publisher : World Scientific
Page : 459 pages
File Size : 40,7 Mb
Release : 2007
Category : Business & Economics
ISBN : 9789812701435

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Modern Developments in Behavioral Economics by John Malcolm Dowling,Chin-Fang Yap Pdf

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.

Modern Developments in Behavioral Economics

Author : John Malcolm Dowling,Yap Chin Fang
Publisher : World Scientific Publishing Company
Page : 460 pages
File Size : 43,5 Mb
Release : 2007-09-04
Category : Psychology
ISBN : 9789813106871

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Modern Developments in Behavioral Economics by John Malcolm Dowling,Yap Chin Fang Pdf

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.

Selected Readings in Behavioral Economics and Finance

Author : Shinsuke Ikeda,Hideaki Kiyoshi Kato,Fumio Ohtake,Yoshiro Tsutsui
Publisher : Springer
Page : 0 pages
File Size : 49,6 Mb
Release : 2015-11-09
Category : Business & Economics
ISBN : 4431559736

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Selected Readings in Behavioral Economics and Finance by Shinsuke Ikeda,Hideaki Kiyoshi Kato,Fumio Ohtake,Yoshiro Tsutsui Pdf

These two volumes include important contributions by eminent Japanese researchers and their coauthors on advances in behavioral economics and finance. Behavioral Economics of Preferences, Choices, and Happiness covers decision making and human well-being. Key topics include decision making under the conditions of inter-temporal choices, risk and social relations, happiness, and the neuro-scientific and biological basis of behavior. Behavioral Interactions, Markets, and Economic Dynamics focuses especially on economic studies that examine interactions of multiple agents or market phenomena or both by using behavioral economics models. Together, the two volumes effectively enable readers to broaden and deepen their understanding of the fascinating and highly significant topics of behavioral economics and finance.

Behavioral Economics and Healthy Behaviors

Author : Yaniv Hanoch,Andrew Barnes,Thomas Rice
Publisher : Taylor & Francis
Page : 236 pages
File Size : 45,7 Mb
Release : 2017-05-18
Category : Psychology
ISBN : 9781317269526

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Behavioral Economics and Healthy Behaviors by Yaniv Hanoch,Andrew Barnes,Thomas Rice Pdf

The field of behavioural economics can tell us a great deal about cognitive bias and unconscious decision-making, challenging the orthodox economic model whereby consumers make rational and informed choices. But it is in the arena of health that it perhaps offers individuals and governments the most value. In this important new book, the most pernicious health issues we face today are examined through a behavioral economic lens. It provides an essential and timely overview of how this growing field of study can reframe and offer solutions to some of the biggest health issues of our age. The book opens with an overview of the core theoretical concepts, after which each chapter assesses how behavioral economic research and practice can inform public policy across a range of health issues. Including chapters on tobacco, alcohol and drug use, physical activity, dietary intake, cancer screening and sexual health, the book integrates the key insights from the field to both developed and developing nations. Also asking important ethical questions around paternalism and informed choice, this book will be essential reading for students and researchers across psychology, economics and business and management, as well as public health professionals wishing for a concise overview of the role behavioral economics can potentially play in allowing people to live healthier lives.

Behavioral Economics For Dummies

Author : Morris Altman
Publisher : John Wiley & Sons
Page : 384 pages
File Size : 50,6 Mb
Release : 2012-02-28
Category : Business & Economics
ISBN : 9781118085035

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Behavioral Economics For Dummies by Morris Altman Pdf

A guide to the study of how and why you really make financial decisions While classical economics is based on the notion that people act with rational self-interest, many key money decisions—like splurging on an expensive watch—can seem far from rational. The field of behavioral economics sheds light on the many subtle and not-so-subtle factors that contribute to our financial and purchasing choices. And in Behavioral Economics For Dummies, readers will learn how social and psychological factors, such as instinctual behavior patterns, social pressure, and mental framing, can dramatically affect our day-to-day decision-making and financial choices. Based on psychology and rooted in real-world examples, Behavioral Economics For Dummies offers the sort of insights designed to help investors avoid impulsive mistakes, companies understand the mechanisms behind individual choices, and governments and nonprofits make public decisions. A friendly introduction to the study of how and why people really make financial decisions The author is a professor of behavioral and institutional economics at Victoria University An essential component to improving your financial decision-making (and even to understanding current events), Behavioral Economics For Dummies is important for just about anyone who has a bank account and is interested in why—and when—they spend money.

Choice, Behavioural Economics and Addiction

Author : Nick Heather,Rudy E. Vuchinich
Publisher : Elsevier
Page : 458 pages
File Size : 47,8 Mb
Release : 2003-11-13
Category : Psychology
ISBN : 0080501109

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Choice, Behavioural Economics and Addiction by Nick Heather,Rudy E. Vuchinich Pdf

Choice, Behavioural Economics and Addiction is about the theory, data, and applied implications of choice-based models of substance use and addiction. The distinction between substance use and addiction is important, because many individuals use substances but are not also addicted to them. The behavioural economic perspective has made contributions to the analysis of both of these phenomena and, while the major focus of the book is on theories of addiction, it is necessary also to consider the behavioural economic account of substance use in order to place the theories in their proper context and provide full coverage of the contribution of behavioural economics to this field of study. The book discusses the four major theories of addiction that have been developed in the area of economic science/behavioural economics. They are: • hyperbolic discounting • melioration • relative addiction • rational addiction The main objective of the book is to popularise these ideas among addiction researchers, academics and practitioners. The specific aims are to articulate the shared and distinctive elements of these four theories, to present and discuss the latest empirical work on substance abuse and addiction that is being conducted in this area, and to articulate a range of applied implications of this body of work for clinical, public health and public policy initiatives. The book is based on an invitation-only conference entitled, Choice, Behavioural Economics and Addiction: Theory, Evidence and Applications held at the University of Alabama at Birmingham, March 30 - April 1, 2001. The conference was attended by prominent scientists and scholars, representing a range of disciplines concerned with theories of addiction and their consequences for policy and practice. The papers in the book are based on the papers given at the above conference, together with commentaries by distinguished experts and, in many cases, replies to these comments by the presenters.

Behavioral Economics

Author : Masao Ogaki,Saori C. Tanaka
Publisher : Springer
Page : 211 pages
File Size : 48,8 Mb
Release : 2018-02-05
Category : Business & Economics
ISBN : 9789811064395

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Behavioral Economics by Masao Ogaki,Saori C. Tanaka Pdf

This book is intended as a textbook for a course in behavioral economics for advanced undergraduate and graduate students who have already learned basic economics. The book will also be useful for introducing behavioral economics to researchers. Unlike some general audience books that discuss behavioral economics, this book does not take a position of completely negating traditional economics. Its position is that both behavioral and traditional economics are tools that have their own uses and limitations. Moreover, this work makes clear that knowledge of traditional economics is a necessary basis to fully understand behavioral economics. Some of the special features compared with other textbooks on behavioral economics are that this volume has full chapters on neuroeconomics, cultural and identity economics, and economics of happiness. These are distinctive subfields of economics that are different from, but closely related to, behavioral economics with many important overlaps with behavioral economics. Neuroeconomics, which is developing fast partly because of technological progress, seeks to understand how the workings of our minds affect our economic decision making. In addition to a full chapter on neuroeconomics, the book provides explanations of findings in neuroeconomics in chapters on prospect theory (a major decision theory of behavioral economics under uncertainty), intertemporal economic behavior, and social preferences (preferences that exhibit concerns for others). Cultural and identity economics seek to explain how cultures and people’s identities affect economic behaviors, and economics of happiness utilizes measures of subjective well-being. There is also a full chapter on behavioral normative economics, which evaluates economic policies based on findings and theories of behavioral economics.

The Foundations of Behavioral Economic Analysis

Author : Sanjit Dhami
Publisher : Oxford University Press
Page : 510 pages
File Size : 46,9 Mb
Release : 2019-02-14
Category : Business & Economics
ISBN : 9780192574640

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The Foundations of Behavioral Economic Analysis by Sanjit Dhami Pdf

Taken from the first definitive introduction to behavioral economics, The Foundations of Behavioral Economic Analysis: Other-Regarding Preferences is an authoritative and cutting edge guide to this essential topic for advanced undergraduate and postgraduate students. It considers the evidence from experimental games on human sociality, and gives models and applications of inequity aversion, intention based reciprocity, conditional cooperation, human virtues, and social identity. This updated extract from Dhami's leading textbook allows the reader to pursue subsections of this vast and rapidly growing field and to tailor their reading to their specific interests in behavioural economics.

Policy and Choice

Author : William J. Congdon,Jeffrey R. Kling,Sendhil Mullainathan
Publisher : Brookings Institution Press
Page : 260 pages
File Size : 43,5 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780815704980

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Policy and Choice by William J. Congdon,Jeffrey R. Kling,Sendhil Mullainathan Pdf

Argues that public finance--the study of the government's role in economics--should incorporate principles from behavior economics and other branches of psychology.

Behavioral Economics and Public Health

Author : Christina A. Roberto,Ichirō Kawachi
Publisher : Oxford University Press, USA
Page : 385 pages
File Size : 47,5 Mb
Release : 2016
Category : Medical
ISBN : 9780199398331

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Behavioral Economics and Public Health by Christina A. Roberto,Ichirō Kawachi Pdf

Behavioral economics has potential to offer novel solutions to some of today's most pressing public health problems: How do we persuade people to eat healthy and lose weight? How can health professionals communicate health risks in a way that is heeded? How can food labeling be modified to inform healthy food choices? Behavioral Economics and Public Health is the first book to apply the groundbreaking insights of behavioral economics to the persisting problems of health behaviors and behavior change. In addition to providing a primer on the behavioral economics principles that are most relevant to public health, this book offers details on how these principles can be employed to mitigating the world's greatest health threats, including obesity, smoking, risky sexual behavior, and excessive drinking. With contributions from an international team of scholars from psychology, economics, marketing, public health, and medicine, this book is a trailblazing new approach to the most difficult and important problems of our time.

Capabilities and Happiness

Author : Luigino Bruni,Flavio Comim,Maurizio Pugno
Publisher : OUP Oxford
Page : 362 pages
File Size : 46,5 Mb
Release : 2008-10-30
Category : Business & Economics
ISBN : 9780191559716

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Capabilities and Happiness by Luigino Bruni,Flavio Comim,Maurizio Pugno Pdf

Few would dispute that the well-being of individuals is one of the most desirable aims of human actions. However, approaches on how to define, measure, evaluate, and promote well-being differ widely. The conventional economic approach takes income (or the power to acquire market goods) as the most important indicator for well-being, and the utility function as the formal device for positive and normative analysis. However, this approach to well-being has been questioned for being seriously limited and other approaches have arisen. The capability approach to well-being, which has been developed during the last two decades by Amartya Sen and Martha Nussbaum, and the Happiness Approach to well-being, championed by Richard Easterlin, both provide an alternative. Both approaches come from different traditions and have developed independently, but nevertheless aim to overcome the rigid boundaries of the conventional economic approach to well-being. Given these common aims, it is surprising that little comparative work has been undertaken across these approaches. This book aims to correct this by providing the reader with contributions from leading names associated with both approaches, as well as contributions which evaluate the approaches and contrast one with the other.

The Foundations of Behavioral Economic Analysis

Author : Sanjit Dhami
Publisher : Oxford University Press
Page : 320 pages
File Size : 45,8 Mb
Release : 2020-07-15
Category : Business & Economics
ISBN : 9780192606495

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The Foundations of Behavioral Economic Analysis by Sanjit Dhami Pdf

This seventh volume of The Foundations of Behavioral Economic Analysis covers a range of topics in behavioral economics. It is an essential guide for advanced undergraduate and postgraduate students seeking a concise and focused text that explores the key areas of emotions in economics, behavioral welfare economics, and neuroeconomics. This updated extract from Dhami's leading textbook allows the reader to pursue subsections of this vast and rapidly growing field and to tailor their reading to their specific interests in behavioral economics.