A Course In Behavioral Economics

By (author) Angner Erik
Short description/annotation

A concise and reader-friendly textbook on one of the hottest developments in social and behavioral science today. Among other things, the book shows how to apply principles of behavioral economics to science, business, medicine, and daily life.

Description

A concise and reader-friendly textbook on one of the hottest developments in social and behavioral science today. Covering all core areas of the subject, Erik Angner clearly lays out the theory and explains the intuitions behind it. It is full of examples, exercises, and problems drawn from fields such as economics, management, marketing, political science, and public policy. Among other things, the book shows how to apply principles of behavioral economics to science, business, medicine, and daily life. No advanced mathematics is required. 

An ideal introduction for students coming to behavioral economics from various fields, at both undergraduate and postgraduate levels. It is equally suitable for general readers who have been captivated by popular-science books on behavioral economics and want to know more.

Table of contents

1 Introduction.- PART I CHOICE UNDER CERTAINTY .- 2 Rational Choice Under Certainty .- 3 Decision-making Under Certainty .- PART II JUDGMENT UNDER RISK AND UNCERTAINTY.- 4 Probability Judgment.- 5 Judgment Under Risk and Uncertainty .- PART III CHOICE UNDER RISK AND UNCERTAINTY .- 6 Rational Choice Under Risk and Uncertainty .- 7 Decision-Making under Risk and Uncertainty .- PART IV INTERTEMPORAL CHOICE.- 8 The Discounted Utility Model.- 9 Intertemporal Choice.- PART V STRATEGIC INTERACTION.- 10 Analytical Game Theory.- 11 Behavioral Game Theory.- PART VI CONCLUDING REMARKS 12 Behavioral Welfare Economics, Libertarian Paternalism, and the Nudge Agenda.- 13 General Discussion.

Review quote
''Packed with wisdom, insight, humor, and compelling examples, and admirable in its breadth and depth of coverage, A Course in Behavioral Economics is a superb choice for instructors teaching such a course or for those who want to master the topic on their own.'' George Loewenstein, Carnegie Mellon University, USA "Erik Angner does an excellent job of introducing behavioral economics, and, in doing so, provides a fresh view on neoclassical economics. With clear and engaging examples, this book is a great introduction to a complex topic." David Redish, University of Minnesota, USA "This book provides an enlightening treatment of all the big ideas in behavioural economics, presented in a very accessible way. The structure of the book is great: key concepts in behavioural economics are motivated by considering the classical approach and developing a narrative of anomalous behaviour that identifies where classical models lack descriptive power, and what behavioural models must capture to be more useful in understanding the real world. Explanations of key behavioural insights are clear and deep without becoming tedious; examples are illuminating and fun; and exercises both test students'' understanding and provoke them to think further about the topic. In summary, this is an excellent resource for an introductory course in behavioural economics.'' Alex Dickson, Strathclyde Business School, UK ''Erik Angner''s A Course in Behavioral Economics quickly and efficiently introduces all aspects of this exciting discipline. It is a must-use for every student new to the field, and for everyone else who wants to be on a par with the most recent developments in behavioral economics.'' Floris Heukelom, Radboud University, The Netherlands "Angner''s book is succinct, yet comprehensive - and affordable to boot. My students find it very helpful and fun to read. I agree with them." Kristin J. Kleinjans, California State University - Fullerton, USA ''A new chapter on policymakers'' use of behavioral economics (''the nudge agenda'') provi