splash screen icon Lenndi
splash screen name leendi
Misbehaving : The Making of Behavioral Economics | Richard H. Thaler • Richard H. Thaler
Misbehaving : The Making of Behavioral Economics | Richard H. Thaler • Richard H. Thaler

Misbehaving : The Making of Behavioral Economics

Publié par Norton & Company, le 01 mai 2015

415 pages

Résumé

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, setting basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our Lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber. Laced with antic stories of Thaler's spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy-makers are both profound and entertaining.

Plus de livres de Richard H. Thaler

Voir plus

Critiques

Ce livre n'a pas encore de critiques

Vous avez lu ce livre ? Dites à la communauté Lenndi ce que vous en avez pensé 😎