Description
Book SynopsisBehavioural Economics is a relatively new school of economic thought and can encompass a number of strands such as 'new institutional/transaction cost economics', economic psychology and psychological economics, consumer behaviour and decision theory. The papers presented here reveal something of the development, philosophy and range of applicability of behavioural economics.
Trade Review'Behavioral Economics
. . . is especially welcome because so many economists are unclear as to the precise nature and scope of this subject which is relatively new, still taking shape and highly interdisciplinary.'Table of ContentsContents: Volume I: 1. Methodology 2. Satisficing versus Optimizing Behaviour 3. Uncertainity, Expectation Formation and Economic Forecasting 4. The Theory of the Firm 5. Corporate Evolution 6. Conclusion • Volume II: 1. Information Problems and the Organization of Economic Activities 2. Consumer Behaviour Theory 3. Welfare Economics and Policy 4. Behavioural Perspectives on Macroeconomic Issues 5. Conclusion
