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Handbook of Behavioural Economics and Smart Decision-Making

Editor

Listed:
  • Morris Altman

Abstract

This Handbook is a unique and original contribution of over thirty chapters on behavioural economics, examining and addressing an important stream of research where the starting assumption is that decision-makers are for the most part relatively smart or rational. This particular approach is in contrast to a theme running through much contemporary work where individuals’ behaviour is deemed irrational, biased, and error-prone, often due to how people are hardwired. In the smart people approach, where errors or biases occur and when social dilemmas arise, more often than not, improving the decision-making environment can repair these problems without hijacking or manipulating the preferences of decision-makers. This book covers a wide-range of themes from micro to macro, including various sub-disciplines within economics such as economic psychology, heuristics, fast and slow-thinking, neuroeconomics, experiments, the capabilities approach, institutional economics, methodology, nudging, ethics, and public policy.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Morris Altman (ed.), 2017. "Handbook of Behavioural Economics and Smart Decision-Making," Books, Edward Elgar Publishing, number 15532.
  • Handle: RePEc:elg:eebook:15532
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    File URL: https://www.elgaronline.com/view/9781782549574.xml
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    Citations

    RePEc Biblio mentions

    As found on the RePEc Biblio, the curated bibliography for Economics:
    1. > Microeconomics > Behavioural Economics

    Citations

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    Cited by:

    1. Sascha Füllbrunn & Tibor Neugebauer & Andreas Nicklisch, 2020. "Underpricing of initial public offerings in experimental asset markets," Experimental Economics, Springer;Economic Science Association, vol. 23(4), pages 1002-1029, December.
    2. Giuseppe Danese & Luigi Mittone, 2017. "The circulation of worthless objects aids cooperation. An experiment inspired by the Kula," CEEL Working Papers 1703, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
    3. John Davis & Theodore Koutsobinas, 2021. "Attribute substitution, counterfactual thinking, and heterodox economics," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 5(S3), pages 45-54, October.
    4. John F. Tomer, 2020. "Economics' Wisdom Deficit and How to Reduce It," Economic Thought, World Economics Association, vol. 9(2), pages 24-37, December.
    5. Bélyácz, Iván & Kovács, Kármen, 2021. "Az egyén kognitív korlátaitól viselkedésének előrejelezhetőségéig [From the cognitive boundaries of individuals to the predictability of their behaviour]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 132-149.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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