Course in Behavioral Economics

Name: Course in Behavioral Economics
Price: 6.75 USD
Availability: InStock
ISBN: 9780230304543

ISBN-10: 0230304540

ISBN-13: 9780230304543

Edition: 2012

Authors: Erik Angner

List price: $29.99

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Book details

List price: $29.99
Copyright year: 2012
Publisher: Palgrave Macmillan Limited
Publication date: 4/13/2012
Binding: Paperback
Pages: 272
Size: 6.75" wide x 9.50" long x 0.75" tall
Weight: 1.232
Language: English

Erik is a Fellow of the Institute for Philosophy and Public Policy and has affiliate appointments in the Department of Economics and in the School of Public Policy. As a result of serious mission creep, he holds two PhDs - one in Economics and one in History and Philosophy of Science - both from the University of Pittsburgh. He is the author of multiple journal articles and book chapters on behavioral and experimental economics.



Introduction



Introduction



What is this Book?



The Origins of Behavioral Economics



Methods



Looking Ahead



Choice Under Certainty



Rational Choice Under Certainty



Introduction



Preferences



Rational Preferences


Box: Logical Symbols



Indifference and Strict Preference


Box: How to do Proofs



Preference Orderings



Choice Under Certainty



Utility


Box: Final Word on Proofs



Discussion



Decision-making Under Certainty



Introduction



Opportunity Costs



Sunk Costs



Menu Dependence



Loss Aversion



Anchoring and Adjustment



Discussion



Judgment Under Risk And Uncertainty



Probability Judgment



Introduction



Fundamentals of Probability Theory



Unconditional Probability


Box: Odds



Conditional Probability



Total Probability and Bayes's Rule



Bayesian Updating



Discussion



Judgment Under Risk And Uncertainty



Introduction



The Gambler's Fallacy



Conjunction and Disjunction Fallacies



Base-rate Neglect



Confirmation Bias



Availability



Discussion



Choice Under Risk And Uncertainty



Rational Choice Under Risk and Uncertainty



Introduction



Uncertainty



Expected Value



Expected Utility



Attitudes Toward Risk



Discussion



Decision-Making under Risk and Uncertainty



Introduction



Framing Effects



Bundling and Mental Accounting



The Allais Problem



The Ellsberg Problem



Probability Weighting



Discussion



Intertemporal Choice



The Discounted Utility Model



Introduction



Interest rates



Exponential Discounting


Box: Discount Rates



Discussion



Intertemporal Choice



Introduction



Hyperbolic Discounting



Choosing Not to Choose



Preferences Over Profiles



Discussion



Strategic Interaction



Analytical Game Theory



Introduction



Nash Equilibrium in Pure Strategies



Nash Equilibrium in Mixed Strategies



Equilibrium Refinements



Discussion



Behavioral Game Theory



Introduction



Social Preferences



Intentions, Reciprocity, and Trust



Limited Strategic Thinking



Discussion



Concluding Remarks



General Discussion



Introduction



Behavioral Welfare Economics



Assessing Behavioral Economics



Conclusion


Bibliography


Appendix: Answer Key