Behavioural economics and finance:

Behavioural economics and behavioural finance are rapidly expanding fields that are continually growing in prominence. While orthodox economic models are built upon restrictive and simplifying assumptions about rational choice and efficient markets, behavioural economics offers a robust alternative...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Baddeley, Michelle 1965- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New York Routledge 2019
Ausgabe:2nd Edition
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:Behavioural economics and behavioural finance are rapidly expanding fields that are continually growing in prominence. While orthodox economic models are built upon restrictive and simplifying assumptions about rational choice and efficient markets, behavioural economics offers a robust alternative using insights and evidence that rest more easily with our understanding of how real people think, choose and decide. This insightful textbook introduces the key concepts from this rich, interdisciplinary approach to real-world decision-making. This new edition of Behavioural Economics and Finance is a thorough extension of the first edition, including updates to the key chapters on prospect theory; heuristics and bias; time and planning; sociality and identity; bad habits; personality, moods and emotions; behavioural macroeconomics; and well-being and happiness. It also includes a number of new chapters dedicated to the themes of incentives and motivations, behavioural public policy and emotional trading. Using pedagogical features such as chapter summaries and revision questions to enhance reader engagement, this text successfully blends economic theories with cutting-edge multidisciplinary insights. This second edition will be indispensable to anyone interested in how behavioural economics and finance can inform our understanding of consumers' and businesses' decisions and choices. It will appeal especially to undergraduate and graduate students but also to academic researchers, public policy-makers and anyone interested in deepening their understanding of how economics, psychology and sociology interact in driving our everyday decision-making
Beschreibung:Revised edition of the author's Behavioural economics and finance, 2013
Description based on print version record and CIP data provided by publisher
Beschreibung:1 online resource
ISBN:9781315211879
1315211874
9780203104514
020310451X
9781351813983
1351813986
9781351813990
1351813994
9781351813976
1351813978

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