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Behavioral Economics and Its Applications

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3.83  ·  Rating details ·  12 ratings  ·  2 reviews
In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral ...more
Hardcover, 312 pages
Published April 1st 2007 by Princeton University Press (first published March 26th 2007)
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Amy Neftzger
Jun 17, 2011 rated it liked it
This book gives a great overview of the subject matter and it's also the sort of book that you can read specific sections without reading the whole book without getting lost. If you're interested in behavioral economics this would be a great reference on how it is being applied and what the findings have been. However, if you're planning to do any research or build models using the theories it would be best to check out the journal articles that the book references. ...more
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