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Behavioral Economics

Moving Forward

  • Fabrizio Ghisellini
  • Beryl Y. Chang

Table of contents

  1. Front Matter
    Pages i-xiii
  2. How did we get here?

    1. Front Matter
      Pages 1-1
    2. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 3-4
    3. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 5-36
    4. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 37-86
  3. Moving Forward: Seven Businesses to Finish

    1. Front Matter
      Pages 87-87
    2. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 89-93
    3. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 95-122
    4. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 123-150
    5. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 151-171
    6. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 173-185
    7. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 187-200
    8. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 201-218
    9. Fabrizio Ghisellini, Beryl Y. Chang
      Pages 219-225
  4. Back Matter
    Pages 227-234

About this book

Introduction

This book sets the agenda to turn behavioral economics, which has long been considered a subordinate discipline, into mainstream economics. Ghisellini and Chang expose the conceptual and empirical inadequacy of conventional economics using illustrations of real world decision-making in a dynamic environment, including evidence from the global financial crisis. With a rigorous yet accessible style, they give a comprehensive overview of behavioral economics and of the current state of play in the field across different schools of thought. Seven major conceptual problems still affecting the development of behavioral economics are identified and the authors propose research avenues to address these issues and allow the discipline to receive its long-awaited recognition.

Crucial reading for researchers and students looking for insights into the many unsolved problems of economics.



Keywords

Behavioral economics Behavioral finance Experimental economics Nudge theory Paternalism Homo economicus Bayes rule Rationality

Authors and affiliations

  • Fabrizio Ghisellini
    • 1
  • Beryl Y. Chang
    • 2
  1. 1.Center for Monetary and Financial Studies LUISS UniversityRomeItaly
  2. 2.New York UniversityNew York, NYUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-75205-1
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-75204-4
  • Online ISBN 978-3-319-75205-1
  • Buy this book on publisher's site