[Read free ebook] Behavioral Economics and Its Applications






 | #1794651 in eBooks |  2012-01-12 |  2012-01-12 | File Name: B006YG66PC


||38 of 38 people found the following review helpful.| Useful Review of Policy Implications of Behavioral Economics|By Herbert Gintis|This edited volume is the outgrowth of an international conference on the topic held in Helskini in June, 2004. Behavioral economics is moving so rapidly that the various contributions must serve as an introduction to policy areas, not a description of cutting edge research. I recommend this book| |"Diamond and Vartiainen offer an important, timely collection of essays on behavioral economics...The authors' approach is refreshing in that they make clear they are not interested in defending behavioral economics against more traditional economics."--H.

In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact...


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