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Economics --- Psychological aspects. --- Behavioral economics --- Behavioural economics

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Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice.

Economics --- Psychological aspects. --- Behavioral economics --- Behavioural economics

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Behavioural public policy has thus far been dominated by approaches that are based on the premise that it is entirely legitimate for policymakers to design policies that nudge or influence people to avoid desires that may not be in their own self- interest. This book argues, instead, for a liberal political economy that radically departs from these paternalistic frameworks. Oliver argues for a framework whereby those who impose no substantive harms on others ought to be free of manipulative or coercive interference. On this view, BPP does not seek to "correct" an individual's conception of the desired life. This book is the third in a trilogy of books by Adam Oliver on the origins and conceptual foundations of BPP.

Economics --- Psychological aspects. --- Behavioral economics --- Behavioural economics

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Handbook of Behavioral Economics, Volume 2, Foundations and Applications offers critical perspectives on theoretical work within behavioral economics, delivering a comprehensive, critical, up-to-date, and accessible review of the field that has always been missing. This literature summary of the conceptual foundations underlying behavioral economics is written by, and for, economists, with chapters covering Intertemporal choice, Reference-dependent preferences, Beliefs, Cognition, Social preferences, Behavioral game theory, Welfare, and Neuroeconomics. Key Features: Helps academic and non-academic economists understand recent rapid changes in theoretical advances within behavioral economics, designed for economists already convinced of the benefits of behavioral economics and mainstream economists who feel threatened by new developments in behavioral economics, written for those who wish to become quickly acquainted with behavioral economics. Handbook of Behavioral Economics: Foundations and Applications, Volume 1, presents the concepts and tools of behavioral economics. Its authors are all economists who share a belief that the objective of behavioral economics is to enrich, rather than to destroy or replace, standard economics. They provide authoritative perspectives on the value to economic inquiry of insights gained from psychology. Specific chapters in this first volume cover reference-dependent preferences, asset markets, household finance, corporate finance, public economics, industrial organization, and structural behavioural economics. This Handbook provides authoritative summaries by experts in respective subfields regarding where behavioral economics has been; what it has so far accomplished; and its promise for the future. This taking-stock is just what Behavioral Economics needs at this stage of its so-far successful career.

Economics --- Psychological aspects. --- Behavioral economics --- Behavioural economics --- Economics - Psychological aspects

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Economics --- Behavioral economics --- Behavioural economics --- Psychological aspects. --- Economics - Psychological aspects