Misbehaving: The Making of Behavioral Economics
Misbehaving: The Making of Behavioral Economics
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Book Summary
Get ready to change the way you think about economics. Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans?predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth?and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards
ISBN-13
9780393352795
Language
English
Binding
Paper Back
Publisher
W. W. Norton & Company
Publishing Date
2016-06-14
Total Pages
432

Misbehaving: The Making of Behavioral Economics

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Product Specifications
Book Summary
Get ready to change the way you think about economics. Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans?predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth?and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards
Book Specifications
ISBN-13
9780393352795
Language
English
Binding
Paper Back
Publisher
W. W. Norton & Company
Publishing Date
2016-06-14
Total Pages
432