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In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated--public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics--an agenda that will interest policymakers, sociologists, and psychologists as well as economists. Contributors include Ian Ayres, B. Douglas Bernheim, Truman F. Bewley, Colin F. Camerer, Anne Case, Michael D. Cohen, Peter Diamond, Christoph Engel, Richard G. Frank, Jacob Glazer, Seppo Honkapohja, Christine Jolls, Botond Koszegi, Ulrike Malmendier, Sendhil Mullainathan, Antonio Rangel, Emmanuel Saez, Eldar Shafir, Sir Nicholas Stern, Jean Tirole, Hannu Vartiainen, and Timothy D. Wilson.


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In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated--public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics--an agenda that will interest policymakers, sociologists, and psychologists as well as economists. Contributors include Ian Ayres, B. Douglas Bernheim, Truman F. Bewley, Colin F. Camerer, Anne Case, Michael D. Cohen, Peter Diamond, Christoph Engel, Richard G. Frank, Jacob Glazer, Seppo Honkapohja, Christine Jolls, Botond Koszegi, Ulrike Malmendier, Sendhil Mullainathan, Antonio Rangel, Emmanuel Saez, Eldar Shafir, Sir Nicholas Stern, Jean Tirole, Hannu Vartiainen, and Timothy D. Wilson.

37 review for Behavioral Economics and Its Applications

  1. 5 out of 5

    Amy Neftzger

    This book gives a great overview of the subject matter and it's also the sort of book that you can read specific sections without reading the whole book without getting lost. If you're interested in behavioral economics this would be a great reference on how it is being applied and what the findings have been. However, if you're planning to do any research or build models using the theories it would be best to check out the journal articles that the book references. This book gives a great overview of the subject matter and it's also the sort of book that you can read specific sections without reading the whole book without getting lost. If you're interested in behavioral economics this would be a great reference on how it is being applied and what the findings have been. However, if you're planning to do any research or build models using the theories it would be best to check out the journal articles that the book references.

  2. 4 out of 5

    İremD

  3. 4 out of 5

    Genan Yang

  4. 4 out of 5

    Radovan Kavický

  5. 5 out of 5

    Tristan Denley

  6. 5 out of 5

    John

  7. 4 out of 5

    Crystal Haijing Huang

  8. 5 out of 5

    Brad

  9. 5 out of 5

    Peter Jacobsson

  10. 4 out of 5

    Dennis

    http://pro-libertate.net/node/18 http://pro-libertate.net/node/18

  11. 4 out of 5

    Richard Marney

  12. 5 out of 5

    Cass Sunstein

  13. 4 out of 5

    James

  14. 4 out of 5

    Jeffrey

  15. 4 out of 5

    Sri

  16. 4 out of 5

    Melissa

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    Jialan

  18. 5 out of 5

    Chris

  19. 4 out of 5

    Ivan

  20. 4 out of 5

    Scott

  21. 4 out of 5

    David Paredes

  22. 5 out of 5

    Nicholas Bulus

  23. 5 out of 5

    Ilene Bach

  24. 4 out of 5

    Shermel

  25. 4 out of 5

    Warren

  26. 5 out of 5

    Peter Boyce

  27. 4 out of 5

    Gunther

  28. 4 out of 5

    Ishak Muhammad

  29. 4 out of 5

    Jason

  30. 4 out of 5

    Hertzel Karbasi

  31. 4 out of 5

    Shantanu Krishna

  32. 4 out of 5

    Iem Yessej

  33. 5 out of 5

    Shreyas

  34. 4 out of 5

    Thomas Garnick

  35. 4 out of 5

    Marco

  36. 4 out of 5

    Saku

  37. 4 out of 5

    Jung, Keun-Hwa

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