The Psychology of Economic Decisions

Volume Two: Reasons and Choices

Inbunden, Engelska, 2004

Av Isabelle Brocas, Juan D. Carrillo, University of Southern California) Brocas, Isabelle (, University of Southern California) Carrillo, Juan D. (

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This volume brings together contributions to the burgeoning research area of behavioral economics from a number of well-known international scholars in the field. Topics covered include 'irrational' conducts; imperfect self-knowledge; imperfect memory; time and utility; and experimentalpractices in psychology, economics, and finance. This book will provide a point of entry to anyone wishing to discover what the intellectual terrain between economics and psychology looks like.

Produktinformation

Utgivningsdatum2004-07-22
Mått163 x 242 x 20 mm
Vikt546 g
FormatInbunden
SpråkEngelska
Antal sidor264
FörlagOUP OXFORD
ISBN9780199257218

Tillhör följande kategorier

Företagsekonomi inom Ekonomi och ledarskap
Kognitiv psykologi inom Psykologi och pedagogik
Nationalekonomi inom Ekonomi och ledarskap
Beteendeteori inom Psykologi och pedagogik

Isabelle Brocas is Assistant Professor at the University of Southern California, and Assistant Professor (on leave) at the Free University of Brussels. She is also a research affiliate at CEPR, a research advisor at EERC (Russia), and co-editor of the 'Annals of Marie Curie Fellows Association'.Juan D. Carrillo is Associate Professor at the University of Southern California, and is currently on leave from the Free University of Brussels. He is also a research affiliate at CEPR, a research advisor at EERC (Russia), and Associate Editor of the Spanish Economic Review.

0. Introduction ; PART I. BELIEFS: ORIGINS, FORMATION, AND EVOLUTION ; 1. Costs and constraints in the economy of the mind ; 2. Understanding under- and over-reaction ; 3. Self-serving beliefs and the pleasure of outcomes ; PART II. DYNAMIC CHOICES: CONSISTENCY, COMMITMENT AND INTERTEMPORAL SEPARABILITY ; 4. Commitment devices under self-control problems: an overview ; 5. Consistent intertemporal decision making through memory and anticipation ; 6. Dynamic decisions under uncertainty: some recent evidence from economics and psychology ; PART III. LIMITED COGNITION: ATTENTION, PREFERENCE FORMATION AND RISK EVALUATION ; 7. Thinking about attention in games: backward and forward induction ; 8. Arbitrarily coherent preferences ; 9. Perception matters: psychophysics for economists ; PART IV. AFFECTIVE BEHAVIOR: THE ROLE OF EMOTIONS IN DECISION-MAKING ; 10. The dark-side of opportunity: regret, disappointment and the cost of prospects ; 11. Mood regulation and decision-making: is irrational exuberance really a problem? ; 12. Which chance was lost? The psychology of damage awards under the loss of chance doctrine