Exotic Preferences Behavioral Economics and Human Motivation

Name: Exotic Preferences Behavioral Economics and Human Motivation
Price: 51.88 USD
Availability: InStock
ISBN: 9780199257089

ISBN-10: 0199257086

ISBN-13: 9780199257089

Edition: 2002

Authors: George Loewenstein

List price: $49.99

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Description:

One area in which Loewenstein has made a major contribution is in the analysis of how individual preferences are formed: whether they can be predicted and the extent to which they are influenced by emotion rather than reason. This volume presents a selection of his most influential papers with an introduction which provides an historical overview of the concept of preferences, summarizes his papers, and places them in the context of the literature.

Book details

List price: $49.99
Copyright year: 2002
Publisher: Oxford University Press, Incorporated
Publication date: 10/10/2008
Binding: Paperback
Pages: 528
Size: 6.14" wide x 9.21" long x 1.50" tall
Weight: 2.222
Language: English



Introduction




General Perspectives, History, and Methods



Because It Is There: The Challenge of Mountaineering ... for Utility Theory




The Economics of Meaning




The Fall and Rise of Psychological Explanations in the Economics of Intertemporal Choice




Adam Smith, Behavioral Economist




Experimental Economics form the Vantage-Point of Behavioural Economics




The Psychology of Curiosity: A Review and Reinterpretation




Social Preferences



Social Utility and Decision Making in Interpersonal Contexts




Explaining the Bargaining Impasse: The Role of Self-Serving Biases




Basic Research on Preferences



Preference Reversals Between Joint and Separate Evaluations of Options: A Review and Theoretical Analysis




"Coherent Arbitrariness": Stable Demand Curves without Stable Preferences




Predicting Tastes and Feelings



A Bias in the Prediction of Tastes




Mispredicting the Endowment Effect: Underestimation of Owners' Selling Prices by Buyers' Agents




Projection Bias in Predicting Future Utility




Intertemporal Choice



Anticipation and the Valuation of Delayed Consumption




Anomalies in Intertemporal Choice: Evidence and an Interpretation




Preferences for Sequences of Outcomes




The Red and the Black: Mental Accounting of Savings and Debt




Emotions



Out of Control: Visceral Influences on Behavior




Risk as Feelings




Investment Behavior and the Negative Side of Emotion




Heart Strings and Purse Strings: Carryover Effects of Emotions on Economic Decisions




Separate Neural Systems Value Immediate and Delayed Monetary Rewards



Index