Behavioural Economics and Experiments
Auteur : Chaudhuri Ananish
Behavioural Economics and Experiments addresses key topics within behavioural economics, exploring vital questions around decision-making and human nature. Assuming no prior knowledge of economics, the book features wide-ranging examples from literature, film, sport, neuroscience and beyond.
Ananish Chaudhuri explores the complex relationships between human behaviour, society and decision-making, introducing readers to the latest work on heuristics, framing and anchoring, as well as ideas around fairness, trust and social norms. The book offers a fresh perspective on issues such as:
- Decision-making under uncertainty
- Firms? pricing decisions
- Employment contracts
- Coordination failures in organizations
- Preventing bubbles in financial markets
This is an ideal introduction for students of behavioural economics, experimental economics and economic decision-making on economics, public policy, psychology and business-related programmes, and will also be accessible to policymakers and curious laymen.
Preface 1. How we decide 2. Experiments in behavioural economics 3. Gut feelings and effortful thinking 4. Expected utility theory and prospect theory 5. Probabilistic thinking 6. Thinking strategically 7. The ultimatum game 8. Market implications of the ultimatum game 9. Trust and trustworthiness in everyday life 10. Trust and trustworthiness in markets 11. Cooperation in social dilemmas 12. The carrot or the stick: Sustaining cooperation in social dilemmas 13. I will if you will: Resolving coordination failures in organizations 14. Behavioural analyses of markets 15. Asset bubbles in markets References
Ananish Chaudhuri is Professor of Experimental Economics at the University of Auckland. He has taught at Harvard Kennedy School, Wellesley College, Rutgers University and Washington State University.
Date de parution : 05-2021
17.4x24.6 cm
Date de parution : 05-2021
17.4x24.6 cm
Thèmes de Behavioural Economics and Experiments :
Mots-clés :
Conditional Co-operators; Employment contracts; Ultimatum Game; Financial markets; Public Goods Game; Human nature; Posted Offer Markets; Decision-making; Dictator Game; Behavioural economics; Vice Versa; Double Auction; Implicit Interest Rate; Experimenter Demand Effects; Producer Surplus; Prisoner’s Dilemma Game; Sender’s Trust; Stag Hunt; Social Dilemmas; Strangers Treatment; Public Account; Indifference Curve; Seller’s Share; Investment Game; Linear Public Goods Game; Oxytocin Group; Dominant Outcome; Nash Equilibrium; Certainty Equivalent; Double Blind Protocol