Book Behavioural Economics: Psychology, neuroscience, and the human side of economics

Product code: 1267347
Format
Book language
Publisher
Year of publication
About book

The controversial science that claims to have revolutionised economics.

For centuries, economics was dominated by the idea that we are rational individuals who optimise our own 'utility'. Then, in the 1970s, psychologists demonstrated that the reality is a lot messier. We don't really know what our utility is, and we care about people other than ourselves. We are susceptible to external nudges. And far from being perfectly rational we are prone to 'cognitive biases' with complex effects on decision-making, such as forgetting to prepare for retirement.

David Orrell explores the findings from psychology and neuroscience that are shaking up economics - and that are being exploited by policy-makers and marketers alike, to shape everything from how we shop for food, to how we tackle societal happiness or climate change. Finally, he asks: is behavioural economics a scientific revolution, or just a scientific form of marketing?

Details
Author
Publisher
Number of pages
192
Delivery
Specify the delivery city To see exact delivery terms
Payment options
Online card payment (5% cashback)
Bank Transfer
Reviews
Do you have any questions? 0-800-335-425
Contact us
906 UAH