The Foundations of Behavioral Economic Analysis

Released on by Sanjit S. Dhami
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  • The Foundations of Behavioral Economic Analysis Book Detail

  • Author : Sanjit S. Dhami
  • Release Date : 2016
  • Publisher : Oxford University Press
  • Genre : Business & Economics
  • Pages : 1799
  • ISBN 13 : 0198715528
  • File Size : 38,38 MB
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The Foundations of Behavioral Economic Analysis by Sanjit S. Dhami PDF Summary

Book Description: It considers the evidence against the exponential discounted utility model and describes several behavioral models such as hyperbolic discounting, attribute based models and the reference time theory. Part IV describes the evidence on classical game theory and considers several models of behavioral game theory, including level-k and cognitive hierarchy models, quantal response equilibrium, and psychological game theory. Part V considers behavioral models of learning that include evolutionary game theory, classical models of learning, experience weighted attraction model, learning direction theory, and stochastic social dynamics. Part VI studies the role of emotions; among other topics it considers projection bias, temptation preferences, happiness economics, and interaction between emotions and cognition. Part VII considers bounded rationality. The three main topics considered are judgment heuristics and biases, mental accounting, and behavioral finance.

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