Behavioural Economics A Very Short Introduction

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Behavioural Economics: A Very Short Introduction

Author : Michelle Baddeley
Publisher : Oxford University Press
ISBN 13 : 019107117X
Total Pages : 144 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Behavioural Economics: A Very Short Introduction by : Michelle Baddeley

Download or read book Behavioural Economics: A Very Short Introduction written by Michelle Baddeley and published by Oxford University Press. This book was released on 2017-01-19 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally economists have based their economic predictions on the assumption that humans are super-rational creatures, using the information we are given efficiently and generally making selfish decisions that work well for us as individuals. Economists also assume that we're doing the very best we can possibly do - not only for today, but over our whole lifetimes too. But increasingly the study of behavioural economics is revealing that our lives are not that simple. Instead, our decisions are complicated by our own psychology. Each of us makes mistakes every day. We don't always know what's best for us and, even if we do, we might not have the self-control to deliver on our best intentions. We struggle to stay on diets, to get enough exercise and to manage our money. We misjudge risky situations. We are prone to herding: sometimes peer pressure leads us blindly to copy others around us; other times copying others helps us to learn quickly about new, unfamiliar situations. This Very Short Introduction explores the reasons why we make irrational decisions; how we decide quickly; why we make mistakes in risky situations; our tendency to procrastination; and how we are affected by social influences, personality, mood and emotions. The implications of understanding the rationale for our own financial behaviour are huge. Behavioural economics could help policy-makers to understand the people behind their policies, enabling them to design more effective policies, while at the same time we could find ourselves assaulted by increasingly savvy marketing. Michelle Baddeley concludes by looking forward, to see what the future of behavioural economics holds for us. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Behavioural Economics

Author : Michelle Baddeley
Publisher : Oxford University Press
ISBN 13 : 019875499X
Total Pages : 169 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Behavioural Economics by : Michelle Baddeley

Download or read book Behavioural Economics written by Michelle Baddeley and published by Oxford University Press. This book was released on 2017 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics and behaviour -- Motivation and incentives -- Social lives -- Quick thinking -- Risky choices -- Taking time -- Personalities, moods, and emotions -- Behaviour in the macroeconomy -- Economic behaviour and public policy

Economics

Author : Partha Dasgupta
Publisher : Oxford University Press
ISBN 13 : 0192853457
Total Pages : 193 pages
Book Rating : 4.1/5 (928 download)

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Book Synopsis Economics by : Partha Dasgupta

Download or read book Economics written by Partha Dasgupta and published by Oxford University Press. This book was released on 2007-02-22 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining a global approach with examples from everyday life, this work describes the lives of two children who live very different lives in different parts of the world: in the Mid-West USA and in Ethiopia. Along the way, it provides an introduction to key economic factors and concepts such as individual choices, national policies, and equity.

Microeconomics

Author : Avinash Dixit
Publisher : Oxford University Press
ISBN 13 : 0199689377
Total Pages : 153 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis Microeconomics by : Avinash Dixit

Download or read book Microeconomics written by Avinash Dixit and published by Oxford University Press. This book was released on 2014-04 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issues of microeconomics - including individuals' financial choices and firms' decisions about hiring and firing - have a large impact on the economic world, arguably as much, if not more than, macroeconomics. In this Very Short Introduction Avinash Dixit clearly explains what microeconomics is by using examples from around the world.

Behavioural Economics and Finance

Author : Michelle Baddeley
Publisher : Routledge
ISBN 13 : 1136250093
Total Pages : 330 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis Behavioural Economics and Finance by : Michelle Baddeley

Download or read book Behavioural Economics and Finance written by Michelle Baddeley and published by Routledge. This book was released on 2013-05-07 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Standard models in economics and finance usually assume that people are rational, self-interested maximisers, effectively co-ordinated via the invisible hand of the price mechanism. Whilst these approaches produce tractable, simple models, they cannot fully capture the uncertainties and instabilities that affect everyday choices in today’s complex world. Insights from the other social and behavioural sciences can help to fill the gap and behavioural economics is the subject which brings economics and finance together with psychology, neuroscience and sociology. Behavioural Economics and Finance introduces the reader to some of the key concepts and insights from this rich, inter-disciplinary approach to real-world decision-making.

Globalization: A Very Short Introduction

Author : Manfred B. Steger
Publisher : Oxford University Press
ISBN 13 : 0192589326
Total Pages : 185 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Globalization: A Very Short Introduction by : Manfred B. Steger

Download or read book Globalization: A Very Short Introduction written by Manfred B. Steger and published by Oxford University Press. This book was released on 2020-05-28 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: We live today in an interconnected world in which ordinary people can became instant online celebrities to fans thousands of miles away, in which religious leaders can influence millions globally, in which humans are altering the climate and environment, and in which complex social forces intersect across continents. This is globalization. In the fifth edition of his bestselling Very Short Introduction Manfred B. Steger considers the major dimensions of globalization: economic, political, cultural, ideological, and ecological. He looks at its causes and effects, and engages with the hotly contested question of whether globalization is, ultimately, a good or a bad thing. From climate change to the Ebola virus, Donald Trump to Twitter, trade wars to China's growing global profile, Steger explores today's unprecedented levels of planetary integration as well as the recent challenges posed by resurgent national populism. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Adam Smith

Author : Christopher J. Berry
Publisher : Oxford University Press, USA
ISBN 13 : 0198784457
Total Pages : 153 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Adam Smith by : Christopher J. Berry

Download or read book Adam Smith written by Christopher J. Berry and published by Oxford University Press, USA. This book was released on 2018 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1776 Adam Smith (1723-90) wrote The Wealth of Nations, a book so foundational that it has led to him being called the father of economics. Today he is associated with the promotion of self-interest, a defense of greed and a criticism of any governmental 'interference' in market transactions which, if left to the 'invisible hand', will produce prosperity and liberty. Yet if Smith is actually read these associations are more a caricature than a faithful portrait. In this Very Short Introduction, Christopher Berry offers a balanced and nuanced view of this seminal thinker, embedding his fierce defense of free trade, competition, and assault on special interests in contemporary European history, politics, and philosophy. As Berry explores, Smith was more than an economist. His book The Theory of Moral Sentiment, offered a complex account of ethics in the context of human social behavior. His scope as a professor at the University of Glasgow, a major center of the Scottish Enlightenment, was extensive. Beyond courses in philosophy and jurisprudence he also gave classes covering history, literature, and language. In addition to his two major works he also wrote a pioneering study of the history of astronomy as an illustration of the motivations that drive humans to seek answers to questions. He produced, again derived from his Glasgow classroom, an analysis of the development of grammar and language. As Christopher Berry shows, Adam Smith was no narrow thinker, but rather one who produced not only one of the greatest books in the history of social science, but also a wide-ranging body of work that remains significant today. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Environmental Economics: A Very Short Introduction

Author : Stephen Smith
Publisher : OUP Oxford
ISBN 13 : 0191620297
Total Pages : 152 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis Environmental Economics: A Very Short Introduction by : Stephen Smith

Download or read book Environmental Economics: A Very Short Introduction written by Stephen Smith and published by OUP Oxford. This book was released on 2011-09-22 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: If environmental protection is costly, how much should we spend on pollution control? Is it worth reducing pollution to zero, or should we accept some level of pollution because of the economic benefits associated with it? How can we assess the benefits that people get from a less-polluted atmosphere? In broad terms, environmental economics looks at how economic activity and policy affect the environment in which we live. Some production generates pollution, such as power station emissions causing acid rain and contributing to global warming, but household consumption decisions also affect the environment, where more consumption can mean more waste sent to polluting incinerators. However, pollution is not an inevitable consequence of economic activity - environmental policies can require polluting firms to clean up their emissions, and can encourage people to change their behaviour, through environmental taxes on polluting goods, for example. Generally, though, these measures will involve some costs, such as installing pollution control equipment. So there's a trade-off: a cleaner environment, but economic costs. In recent years, many economists have argued for greater use of incentive in the form of pollution charges and emissions trading rather than more traditional direct regulation of polluters. In this Very Short Introduction, Stephen Smith discusses environmental issues including pollution control, reducing environmental damage, and global climate change policies, answering questions about how we should balance environmental and economic considerations, and what form government policies should take. Including many illustrative case studies and examples he shows that this is an exciting field of economics, and one that is at the heart of many public debates and controversies. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

An Introduction to Behavioral Economics

Author : Nick Wilkinson
Publisher : Palgrave MacMillan
ISBN 13 :
Total Pages : 540 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis An Introduction to Behavioral Economics by : Nick Wilkinson

Download or read book An Introduction to Behavioral Economics written by Nick Wilkinson and published by Palgrave MacMillan. This book was released on 2008 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book compares and contrasts the neo-classic standard economics model with the behavioural economics model and shows how the latter attempts to explain the anomalies found in empirical research.

Behavioral Economics

Author : Edward Cartwright
Publisher : Routledge
ISBN 13 : 1351600028
Total Pages : 604 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Behavioral Economics by : Edward Cartwright

Download or read book Behavioral Economics written by Edward Cartwright and published by Routledge. This book was released on 2018-01-23 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last few decades behavioral economics has revolutionized the discipline. 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. 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. Ideas such as mental accounting, prospect theory, present bias, inequality aversion and learning are explained in detail. 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. Consideration is also given to what makes people happy, and how we can potentially nudge people to be happier. This new edition contains expanded and updated coverage of contract theory, bargaining in the family, time and risk, and stochastic reference points, among other topics, to ensure that readers are kept up to speed with this fast-paced field. The companion website is also updated with a range of new questions and worked examples. This book remains the ideal introduction to behavioral economics for advanced undergraduate and graduate students.

A Course in Behavioral Economics

Author : Erik Angner
Publisher : Bloomsbury Publishing
ISBN 13 : 1350306118
Total Pages : 338 pages
Book Rating : 4.3/5 (53 download)

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Book Synopsis A Course in Behavioral Economics by : Erik Angner

Download or read book A Course in Behavioral Economics written by Erik Angner and published by Bloomsbury Publishing. This book was released on 2020-11-27 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook looks at decisions – how we make them, and what makes them good or bad. In this bestselling introduction, Erik Angner clearly lays out the theory of behavioral economics and explains the intuitions behind it. The book offers a rich tapestry of examples, exercises, and problems drawn from fields such as economics, management, marketing, political science, and public policy. It shows how to apply the principles of behavioral economics to improve your life and work – and to make the world a better place to boot. No advanced mathematics is required. This is an ideal textbook for students coming to behavioral economics from various fields. It can be used on its own in introductory courses, or in combination with other texts at advanced undergraduate and postgraduate levels. It is equally suitable for general readers who have been captivated by popular-science books on behavioral economics and want to know more about this intriguing subject. New to this Edition: - An updated chapter on behavioral policy and the nudge agenda. - Several new sections, for example on the economics of happiness. - Updated examples and exercises, with an expanded answer key - Refreshed ancillary resources make for a plug and play experience for instructors teaching behavioral economics for the first time.

Keynes: A Very Short Introduction

Author : Robert Skidelsky
Publisher : OUP Oxford
ISBN 13 : 0191615501
Total Pages : 208 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis Keynes: A Very Short Introduction by : Robert Skidelsky

Download or read book Keynes: A Very Short Introduction written by Robert Skidelsky and published by OUP Oxford. This book was released on 2010-10-07 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes (1883-1946) is a central thinker of the twentieth century, not just an economic theorist and statesman, but also in economics, philosophy, politics, and culture. In this Very Short Introduction Lord Skidelsky, a renowned biographer of Keynes, explores his ethical and practical philosophy, his monetary thought, and provides an insight into his life and works. In the recent financial crisis Keynes's theories have become more timely than ever, and remain at the centre of political and economic discussion. With a look at his major works and his contribution to twentieth-century economic thought, Skidelsky considers Keynes's legacy on today's society. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Knowledge: A Very Short Introduction

Author : Jennifer Nagel
Publisher : OUP Oxford
ISBN 13 : 0191637319
Total Pages : 153 pages
Book Rating : 4.1/5 (916 download)

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Book Synopsis Knowledge: A Very Short Introduction by : Jennifer Nagel

Download or read book Knowledge: A Very Short Introduction written by Jennifer Nagel and published by OUP Oxford. This book was released on 2014-09-25 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is knowledge? How does it differ from mere belief? Do you need to be able to justify a claim in order to count as knowing it? How can we know that the outer world is real and not a dream? Questions like these are ancient ones, and the branch of philosophy dedicated to answering them - epistemology - has been active for thousands of years. In this thought-provoking Very Short Introduction, Jennifer Nagel considers these classic questions alongside new puzzles arising from recent discoveries about humanity, language, and the mind. Nagel explains the formation of major historical theories of knowledge, and shows how contemporary philosophers have developed new ways of understanding knowledge, using ideas from logic, linguistics, and psychology. Covering topics ranging from relativism and the problem of scepticism to the trustworthiness of internet sources, Nagel examines how progress has been made in understanding knowledge, using everyday examples to explain the key issues and debates ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Game Theory: A Very Short Introduction

Author : Ken Binmore
Publisher : Oxford University Press
ISBN 13 : 0199218463
Total Pages : 201 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Game Theory: A Very Short Introduction by : Ken Binmore

Download or read book Game Theory: A Very Short Introduction written by Ken Binmore and published by Oxford University Press. This book was released on 2007-10-25 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Games are played everywhere: from economics to evolutionary biology, and from social interactions to online auctions. This title shows how to play such games in a rational way, and how to maximize their outcomes.

Development

Author : Ian Goldin
Publisher : Oxford University Press
ISBN 13 : 0198736258
Total Pages : 217 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis Development by : Ian Goldin

Download or read book Development written by Ian Goldin and published by Oxford University Press. This book was released on 2018 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is development -- How does development happen? -- Why are some countries rich and others poor? -- What can be done to accelerate development? -- The evolution of development aid -- Sustainable development -- Globalization and development -- The future of development.

Keynes

Author : Robert Skidelsky
Publisher : PublicAffairs
ISBN 13 : 1610390032
Total Pages : 258 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Keynes by : Robert Skidelsky

Download or read book Keynes written by Robert Skidelsky and published by PublicAffairs. This book was released on 2010-10-26 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the debris of the financial crash of 2008, the principles of John Maynard Keynes -- that economic storms are a normal part of the market system, that governments need to step in and use fiscal ammunition to prevent these storms from becoming depressions, and that societies that value the pursuit of money should reprioritize -- are more pertinent and applicable than ever. In Keynes: The Return of the Master, Robert Skidelsky brilliantly synthesizes Keynes career and life, and offers nervous capitalists a positive answer to the question we now face: When unbridled capitalism falters, is there an alternative?

Learning

Author : Mark Haselgrove
Publisher : Oxford University Press
ISBN 13 : 0199688362
Total Pages : 129 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis Learning by : Mark Haselgrove

Download or read book Learning written by Mark Haselgrove and published by Oxford University Press. This book was released on 2016 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Learning is a key aspect of animal behavior, and central to survival. Without learning there can be no memory, no language, and no intelligence. Haselgrove looks at the nature of learning, and how it takes place. From the early experiments of Pavlov, Thorndike, and others, to the most recent studies in social learning, he traces the development of the main theories of learning in contemporary psychology, and describes the ingenious experimental approaches used to study learning in both animals and humans."--Provided by publisher.