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The Psychology of Economic Decisions: Volume Two: Reasons and Choices

Editor

Listed:
  • Brocas, Isabelle
    (University of Southern California)

  • Carrillo, Juan D.
    (University of Southern California)

Abstract

Psychologists have a long tradition of studying human behavior, strengths and weaknesses, biases and limitations. Economists have constructed normative frameworks that capture the most important elements of human decision-making and developed powerful tools to determine individual and strategic choices in a variety of situations. Only recently have their strengths been combined and economic models enriched with key ingredients found in psychological studies. This volume covers four of the most important themes in this interdisciplinary field: feelings, inconsistencies, limitations and biases. Each chapter contributes to a more comprehensive and accurate modelling and description of human behavior. Its four parts cover: the origins, formation, and evolution of beliefs; consistency, commitment, and intertemporal separability of dynamic choices; attention, preference formation, and risk evaluation in limited cognition; and affective behaviour, specifically the role of emotions in decision making. Contributors to this volume - Isabelle Brocas Juan D. Carrillo Jon Elster Cade Massey George Wu Barbara Mellers A. Peter McGraw Mathias Dewatripont Ignacio Palacios-Huerta Robin Cubitt Chris Starmer Robert Sugden Colin F. Camerer Eric Johnson Dan Ariely George Loewenstein Drazen Prelec Elke U. Weber Thane S. Pittman Orit E. Tykocinski Ralph Erber Maureen Wang Erber Jennifer Poe Jonathan J. Koehler

Suggested Citation

  • Brocas, Isabelle & Carrillo, Juan D. (ed.), 2004. "The Psychology of Economic Decisions: Volume Two: Reasons and Choices," OUP Catalogue, Oxford University Press, number 9780199257225.
  • Handle: RePEc:oxp:obooks:9780199257225
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    Cited by:

    1. Senik, Claudia, 2008. "Is man doomed to progress?," Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 140-152, October.
    2. Schmidt, Felix & Berger, Eva & Schunk, Daniel & Müller, Henning & König, Günther, 2017. "Self-Regulation Training and Job Search Effort: A Natural Field Experiment within an Active Labor Market Program," Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168177, Verein für Socialpolitik / German Economic Association.
    3. Eva M. Berger & Günther König & Henning Mueller & Felix Schmidt & Daniel Schunk, 2016. "Self-Regulation Training, Labor Market Reintegration of Unemployed Individuals, and Locus of Control - Evidence from a Natural Field Experiment," CESifo Working Paper Series 6246, CESifo Group Munich.

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