Handbook of Behavioral Economics - Foundations and Applications 1 (Volume 1) (Handbook of Behavioral Economics, Volume 1) - Hardcover

Hardcover

ISBN 10: 044463374X ISBN 13: 9780444633743

Publisher: North Holland, 2018

Synopsis

Handbook of Behavioral Economics: Foundations and Applications presents the concepts and tools of behavioral economics. Its authors are all economists who share a belief that the objective of behavioral economics is to enrich, rather than to destroy or replace, standard economics. They provide authoritative perspectives on the value to economic inquiry of insights gained from psychology. Specific chapters in this first volume cover reference-dependent preferences, asset markets, household finance, corporate finance, public economics, industrial organization, and structural behavioural economics.

This Handbook provides authoritative summaries by experts in respective subfields regarding where behavioral economics has been; what it has so far accomplished; and its promise for the future. This taking-stock is just what Behavioral Economics needs at this stage of its so-far successful career.

• Helps academic and non-academic economists understand recent, rapid changes in theoretical and empirical advances within behavioral economics
• Designed for economists already convinced of the benefits of behavioral economics and mainstream economists who feel threatened by new developments in behavioral economics
• Written for those who wish to become quickly acquainted with behavioral economics

About this title

About the Authors

Edward Ames Edmonds Professor of Economics, Douglas Bernheim received his Ph.D. from MIT. A Fellow of the Econometric Society and of the American Academy of Arts and Sciences, he has also taught at Northwestern University and Princeton University.

Dr. Stefano DellaVigna,.Daniel Koshland, Sr. Distinguished Professor of Economics and Professor of Business Administration, Stefano DellaVigna received his PhD from Harvard. An Alfred P. Sloan Fellow, he is a co-editor of the American Economic Review.

The Robert I. Goldman Professor of Economics and Harvard College Professor, David Laibson received his Ph.D. from MIT. A Fellow of the Econometric Society and of the National Academy of Arts and Sciences, he won the TIAA-CREF Paul Samuelson Prize in 2011.

From the Back Cover

This volume on applications of behavioral economics concepts and tools is written by and for economists. Its authors share a belief in behavioral economics enriching, rather than to destroying or replacing, standard economics. Their authoritative perspectives give them an edge not enjoyed by psychologists writng about economics: a strong grasp of the value that insights gained from psychology give to economists. By increasing the usefulness of their analyses, their investigations enrich standard models of economics. Edited by leaders in behavioral economics, the volumes on theories and applications deliver the reasonably comprehensive, critical, up-to-date, and accessible review of the field that has always been missing.

Edition details

• Publisher: North Holland
• Publication date: 2018
• Language: English
• ISBN 10: 044463374X
• ISBN 13: 9780444633743
• Binding: Hardcover
• Edition number: 1
• Number of pages: 748
• Editor: Bernheim B. Douglas, DellaVigna Stefano, Laibson David