Behavioural Economics and Finance - Michelle Baddeley

Behavioural Economics and Finance

Buch | Hardcover
310 Seiten
2012
Routledge (Verlag)
978-0-415-61477-1 (ISBN)
155,85 inkl. MwSt
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Standard models in economics and finance usually assume that people are rational, self-interested maximisers, effectively co-ordinated via the invisible hand of the price mechanism. Whilst these approaches produce tractable, simple models, they cannot fully capture the uncertainties and instabilities that affect everyday choices in today’s complex world. Insights from the other social and behavioural sciences can help to fill the gap and behavioural economics is the subject which brings economics and finance together with psychology, neuroscience and sociology. Behavioural Economics and Finance introduces the reader to some of the key concepts and insights from this rich, inter-disciplinary approach to real-world decision-making.

Michelle Baddeley is Fellow and Director of Studies (Economics) at Gonville & Caius College, Cambridge University, UK. Her current research is sponsored by the Leverhulme Trust and focuses on blending economic theories about herding and social learning with psychological and neuroscientific evidence.

Part I: Background 1. Introduction 2. Foundations: Psychology 3. Foundations: Neuroscience and Neuroeconomics Part II: Behavioural Microeconomic Principles 4. Learning 5. Socially and Identity 6. Heuristics and Biases 7. Prospects and Regrets 8. Personality, Moods and Emotions 9. Time and Plans 10. Bad Habits Part III: Macroeconomics and Financial Markets 11. Financial Instability 12. Behavioural Macroeconomics, Happiness and Wellbeing

Erscheint lt. Verlag 4.9.2012
Zusatzinfo 18 Line drawings, black and white; 3 Halftones, black and white; 21 Illustrations, black and white
Verlagsort London
Sprache englisch
Maße 174 x 246 mm
Gewicht 748 g
Themenwelt Geisteswissenschaften Psychologie Allgemeine Psychologie
Wirtschaft Allgemeines / Lexika
Wirtschaft Betriebswirtschaft / Management
Wirtschaft Volkswirtschaftslehre Mikroökonomie
ISBN-10 0-415-61477-5 / 0415614775
ISBN-13 978-0-415-61477-1 / 9780415614771
Zustand Neuware
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