000 05066cam a2200433Ii 4500
001 ocn961910482
003 OCoLC
005 20240726105031.0
008 161102s2016 enka ob 001 0 eng d
040 _aNT
_beng
_erda
_epn
_cNT
_dEBLCP
_dNT
_dVTU
020 _a9780191024863
_q((electronic)l(electronic)ctronic)
050 0 4 _aHB74
_b.F686 2016
049 _aMAIN
100 1 _aDhami, Sanjit S.,
_e1
245 1 0 _aThe foundations of behavioral economic analysis /Sanjit Dhami.
260 _aOxford :
_bOxford University Press,
_c(c)2016.
300 _a1 online resource (xxxiii, 1764 pages) :
_billustrations
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
504 _a2
520 0 _a"This is the first definitive introduction to behavioral economics aimed at advanced undergraduate and postgraduate students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and relevant applications throughout."--Provided by publisher
505 0 0 _aCover --
_tThe Foundations of Behavioral Economic Analysis --
_tCopyright --
_tDedication --
_tPREFACE AND ACKNOWLEDGMENTS --
_tCONTENTS --
_tLIST OF FIGURES --
_tLIST OF TABLES --
_tIntroduction --
_t1 The antecedents of behavioral economics --
_t2 On methodology in economics --
_t3 The experimental method in economics --
_t3.1 Experiments and internal validity --
_t3.2 Subject pools used in lab experiments --
_t3.3 Stake sizes in experiments --
_t3.4 The issue of the external validity of lab findings --
_t3.5 The role of incentives in economics --
_t3.6 Is survey data of any use? --
_t4 Approach and organization of the book
505 0 0 _a5 Five theoretical approaches in behavioral economics --
_t5.1 A case study of prospect theory --
_t5.2 Human sociality and inequity averse preferences --
_t5.3 The quasi-hyperbolic model and self-control problems --
_t5.4 Level-k and CH models: disequilibrium in beliefs in strategic interaction --
_t5.5 The heuristics and biases program: radical behavioral economics --
_t6 Five examples of behavioral evidence --
_t6.1 Does competitive market equilibrium survive fairness considerations? --
_t6.2 Why do we not let bygones be bygones? --
_t6.3 Are financial markets efficient?
505 0 0 _a6.4 Is expert behavior consistent with neoclassical economics? --
_t6.5 Do people play a mixed strategy Nash equilibrium? --
_tAppendix A: The random lottery incentive mechanism --
_tAppendix B: In lieu of a problem set --
_tReferences --
_tPART 1: Behavioral Economics of Risk, Uncertainty, and Ambiguity --
_tIntroduction to part 1 --
_tCHAPTER 1: The Evidence on Human Choice under Risk and Uncertainty --
_t1.1 Introduction --
_t1.2 The elements of classical decision theory --
_t1.2.1 Preference foundations of expected utility theory (EU) --
_t1.2.2 Attitudes to risk under EU
505 0 0 _a1.3 Subjective expected utility theory (SE --
_t1.4 Eliciting the utility function under EU --
_t1.4.1 The case of known probabilities --
_t1.4.2 The case of unknown probabilities --
_t1.5 Violations of expected utility theory --
_t1.5.1 Violations of the independence axiom --
_t1.5.2 The probability triangle and violations of the axioms of rationality --
_t1.5.3 Some attempts to relax the independence axiom --
_t1.5.4 Attitudes to risk for small and large stakes: Rabin's paradox --
_t1.5.5 Violations of description invariance --
_t1.5.6 Preference reversals --
_t1.5.7 Is the reduction axiom supported by the evidence?
505 0 0 _aCHAPTER 2: Behavioral Models of Decision Making --
_t2.1 Introduction --
_t2.2 Probability weighting functions --
_t2.2.1 Prelec's probability weighting function --
_t2.2.2 Stochastic dominance under non-linear probability weighting --
_t2.3 Rank dependent utility theory (RDU) --
_t2.3.1 Attitudes to risk under RDU --
_t2.3.2 RDU under uncertainty --
_t2.3.3 Drawbacks of RDU --
_t2.4 Prospect theory (PT) --
_t2.4.1 A brief note on PT under uncertainty --
_t2.4.2 Attitudes to risk under prospect theory --
_t2.4.3 A violation of EU and RDU that can be explained by PT --
_t2.4.4 Some erroneous criticisms of PT --
_t2.5 Elicitation of utility and probability weighting functions in PT
520 8 _aThis is the first definitive introduction to behavioral economics aimed at advanced undergraduate and postgraduate students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and relevant applications throughout.
530 _a2
_ub
650 0 _aEconomics
_xPsychological aspects.
650 0 _aEconomics
_xSociological aspects.
650 0 _aEconomics
_xMethodology.
655 1 _aElectronic Books.
856 4 0 _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1406317&site=eds-live&custid=s3260518
_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942 _cOB
_D
_eEB
_hHB.
_m2016
_QOL
_R
_x
_8NFIC
_2LOC
994 _a92
_bNT
999 _c86717
_d86717
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell