An Introduction to Behavioral Economics
by Nick Wilkinson, Matthias Klaes
3rd Edition
Publisher: Bloomsbury Academic
Book Details
| Print ISBN | 9781137524126 |
| eText ISBN | 9781137524133 |
| Publisher | Bloomsbury Academic |
| Publishing Year | 2018 |
| Edition | 3rd Edition |
| Language | English |
| Pages | 616 |
An Introduction to Behavioral Economics, 3rd Edition, is a textbook surveying foundational concepts, research literature, and major debates across the discipline. Nick Wilkinson and Matthias Klaes examine standard economic assumptions through psychological and biological perspectives.
The volume integrates insights from evolutionary biology, neuroscience, and psychology to explore how people evaluate choices and manage risk. It investigates what constitutes rational choice, why individuals indulge in self-harming actions, and how seemingly irrational tendencies can sometimes serve people well.
Written for economics students at the higher undergraduate and Master's levels, the text uses mathematics sparingly and includes review questions alongside practical examples to support study.
Table of Contents
Chapter 1: Nature of Behavioral Economics
Chapter 2: Methodology
Chapter 3: Values, Preferences and Choices
Chapter 4: Beliefs and Expectations
Chapter 5: Decision-making under Risk and Uncertainty
Chapter 6: Mental Accounting
Chapter 7: The Discounted Utility Model
Chapter 8: Alternative Intertemporal Choice Models
Chapter 9: Behavioral Game Theory
Chapter 10: Social Preferences
Chapter 11: Behavioral Economics: Summary and Outlook
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