Principles of Behavioral Economics

Sanjit Dhami is Professor of Economics at the University of Leicester. He is the author of the seven-volume book, The Foundations of Behavioral Economic Analysis (2020), the leading graduate book in the area. He is also the co-author, with Cass Sunstein, of Bounded Rationality: Heuristics, Judgement, and Public Policy (2022). His research has addressed fundamental questions in behavioral economics and has spanned some of its major areas such as decision making under risk and uncertainty, other-regarding preferences, time discounting, game theory, and bounded rationality.

Part I. Behavioral Decision Theory: 1. The traditional approach to decision making under risk and subjective uncertainty; 2. Modern approaches to decision making under risk and subjective uncertainty; Part II. Other Regarding Preferences: 3. Evidence on human pro-sociality, morality, and ethics; 4. Theory and applications of pro-social behaviour; Part III. Behavioral Time Discounting: 5. The traditional approach to time preferences; 6. Behavioral approaches to time preferences; Part IV. Behavioral Game Theory; 7. Introduction to behavioral game theory; 8. Topics in behavioral game theory; Part V. Bounded Rationality: 9. Bounded rationality I: judgement heuristics; 10. Bounded rationality II: topics in bounded rationality; Part VI. Further Topics in Behavioral Economics: 11. A smorgasbord of topics in behavioral economics; 12. Behavioral welfare economics.