ISBN:
9781782549598
Language:
English
Pages:
1 Online-Ressource (xxi, 584 Seiten)
,
Diagramme
Series Statement:
Elgaronline
Series Statement:
Edward Elgar books
Series Statement:
Edward Elgar E-Book Archive
Parallel Title:
Erscheint auch als Handbook of behavioural economics and smart decision-making
DDC:
330.019
Keywords:
Verhaltensökonomik
;
Entscheidungstheorie
;
Economics Psychological aspects
;
Consumer behavior
;
Electronic books
;
Aufsatzsammlung
;
Verhaltensökonomie
;
Entscheidungsfindung
Abstract:
Contents: Foreword / by Vernon Smith -- 1. Introduction to smart decision-making / Morris Altman -- Part I Smart decision-makers, different types of rationality, and outcomes -- 2. Rational inefficiency : smart thinking, bounded rationality, and the scientific basis for economic failure and success / Morris Altman -- 3. Rational mistakes that make us smart / Nathan Berg -- 4. Rational choice as if the choosers were human / Peter J. Boettke and Rosolino A. Candela -- 5. Smart predictions from wrong data : the case of ecological correlations / Florian Kutzner and Tobias Vogel -- 6. Heuristics : fast, frugal, and smart / Shabnam Mousavi, Björn meder, Hansjörg Neth and Reza Kheirandish -- 7. The beauty of simplicity? (simple) heuristics and the opportunities yet to be realized / Andreas Ortmann and Leonidas Spiliopoulos -- 8. Smart persons and human development : the missing ingredient in behavioral economics / John F. Tomer -- Part II Aspects of smart decision-making -- 9. Behavioral strategy at the frontline : insights and inspirations from the US Marine Corps / Mie Augier -- 10. Feminist economics for smart behavioural economics / Siobhan Austen -- 11. How regret moves individual and collective choices towards rationality / Sacha Bourgeois-Gironde -- 12. Is it rational to be in love? / Paul Frijters and Gigi Foster -- 13. Behavioural economic anthropology / Giuseppe Danese and Luigi Mittone -- Part III Development and governance -- 14. Do changes in farmers' seed traits align with climate change? a case study of maize in Chiapas, México / C. Leigh Anderson, Andrew Cronholm and Pierre Biscaye -- 15. Rationality, globalization, and x-efficiency among financial institutions / Roger Frantz -- 16. The evolution of governance structures in a polycentric system / Edward Mcphail and Vlad Tarko -- Part IV Tax behaviour -- 17. Taxation and nudging / Simon James -- 18. Income tax compliance / Erich Kirchler, Barbara Hartl and Katharina Gangl -- Part V Smart finance -- 19. Financial decisions in the household / Bernadette Kamleitner, Till Mengay and Erich Kirchle -- 20. Employing priming to shed light on financial decision-making processes / Doron Kilger -- 21. Experimental asset markets: behaviour and bubbles / Owen Powell and Natalia Shestakova -- 22. To consume or to save : are we maximising or what? / Tobias F. Rötheli -- Part VI Dimensions of health -- 23. Time orientation effects on health behaviour / Jannette Van Beek, Michel J.J. Handgraaf and Gerrit Antonides -- 24. Behavioral aspects of obesity / Ddelia Rosin -- 25. Time inconsistent preferences in intertemporal choices for physical activity & weight loss : evidence from canadian health surveys / Nazmi Sari -- 26. Suicide amongst smart people / Bijou Yang and David Lester -- Part VII Sociological dimensions of smart decision-making -- 27. Seeing and knowing others : the impact of social ties on economic interactions / Astrid Hopfensitz -- 28. Weakness of will and stiffness of will : how far are shirking, slackening, favoritism, spoiling of children, and pornography from obsessive-compulsive behavior? / Elias L. Khalil -- 29. The role of identity, personal and social capital in community crime prevention / Ambrose Leung and Brandon Harrison -- 30. Norms, culture, and cognition / Shinji Teraji -- Part VIII Morals and ethics -- 31. Rational choice in public and private spheres / Herbert Gintis -- 32. Ethics and simple games / Mark Pingle -- Index.
Abstract:
This Handbook is a unique and original contribution of over thirty chapters on behavioural economics. It examines and addresses an important stream of research where the starting assumption is that decision-makers are, for the most part, relatively smart or rational. This particular approach is in contrast to a theme running through much contemporary work in which individuals' behaviour is deemed irrational, biased and error-prone, often due to how the brain is hardwired. In the smart people or bounded rationality approach, where errors or biases occur and when social dilemmas arise, more often than not, improving the decision-making environment can repair these problems without hijacking or manipulating the preferences of individuals. The Handbook covers a wide range of themes from micro to macro, including economic psychology, heuristics, fast and slow thinking, neuroeconomics, experiments, the capabilities approach, institutional economics, methodology, nudging, ethics and public policy. It argues that neoclassical decision-making benchmarks are typically not the gold standard for best practice. The expert contributions demonstrate that decision-making capabilities and decision-making environments can both be more effective and consistent than nudging in improving welfare and utility, and in maximizing well-being. They also demonstrate how learning, improved information, empowerment, voice and preference play a vital role in determining smart decision-making outcomes. This comprehensive and original Handbook will appeal to academics in behavioural and experimental economics, and economic psychology
DOI:
10.4337/9781782549598
URL:
Volltext
(Deutschlandweit zugänglich)
URL:
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