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Item Details
Title: PSYCHOLOGY, RATIONALITY AND ECONOMIC BEHAVIOUR
CHALLENGING STANDARD ASSUMPTIONS
By: Alessandro Vercelli (Editor), Bina Agarwal (Editor)
Format: Hardback

List price: £107.00


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ISBN 10: 1403942536
ISBN 13: 9781403942531
Publisher: PALGRAVE USA
Pub. date: 1 May, 2005
Edition: 2005 ed.
Series: International Economic Association
Pages: 270
Description: Economics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conception of rationality and self-interest maximization.
Synopsis: Economics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conception of rationality and self-interest maximization. The contributions in this volume, some focused on analytical models and methodology, others on laboratory and field experiments, challenge these assumptions, and provide novel and complex understandings of human motivation and economic decision-making. With a pioneering introduction by the book's two editors, this volume brings together exciting contributions to a field that is rapidly growing in influence and reach.
Illustrations: 2 black & white illustrations, biography
Publication: US
Imprint: Palgrave Macmillan
Returns: Returnable
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