Explore how social learning shapes the way we save, delay rewards, and make economic choices.
This concise work introduces social learning theory and its view of motivation, then applies it to real questions about time preference and intertemporal decision making. Through a longitudinal study of Israeli youth, it shows how beliefs, trust, and past experiences influence our willingness to wait for larger rewards in education, health, and money. The book connects psychological insight with economic theory to explain why people differ in choosing present versus future benefits.
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Excerpt from Economic Behavior Social Learning The nature and evolution of the social learning approach to human behavior is described and summarized and its theoretical and empirical application to economic behavior in general, and to intertemporal choice in particular, is summarized. The actual and potential contribution of social learning theory to improving our understanding of economic choice is discussed. By way of example, results from a longitudinal panel study that began in 1975, focusing on delay of gratification and its relation to educational achievement, are described. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Paperback. Condition: New. Print on Demand. This book studies the evolution and application of social learning theory to economic behavior, especially the economics of intertemporal choice, the choices people make between immediate and delayed gratification. Social learning theory, rooted in psychology but with important economic implications, posits that individuals' economic choices are guided by their subjective valuation of outcomes, the likelihood of those outcomes occurring, and the ability to implement their choices. The book discusses how social learning theory explains economic choice in general and expands on its illumination of the economic concept of intertemporal choice. The author presents the results of a long-term study on time preference among a group of Israeli teens, built on social learning theory paradigms, which discovered psychological and socioeconomic determinants of economic and educational achievements. The book concludes by summarizing and reflecting on the significance of its findings and how they contribute to our understanding of time preference, economic behavior, and educational attainment. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330803042_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330803042
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Condition: Hervorragend. Zustand: Hervorragend | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 25856133/1