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An Introduction to Behavioral Economics: A Guide for Students

3.82  ·  Rating details ·  34 ratings  ·  4 reviews
In recent years there has been increasing criticism that the standard neoclassical model of economics has been unable to explain the irregularities highlighted by empirical research. This book looks at how alternative behavioral models, informed by a number of disciplines including psychology, attempt to explain these anomalies.
Paperback, 300 pages
Published December 15th 2007 by Palgrave Macmillan
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Luis
Feb 20, 2019 rated it really liked it
I have read the first three chapters, and has been a good book. However, it really makes me think that a definitely improved textbook is needed for Behavioural Economics. The author, in my opinion, commits various flaws in pedagogy terms: first of all, is extremely annoying that always, even three or four times in the same paragraph, he mentions a topic only to say that will be treated later. The excess in citation for future topics makes you want to skip every part looking for the cited one, ...more
Arbraxan
In 'An Introduction to Behavioral Economics' Nick Wilkinson and Matthias Klaes open the door for a student's first steps into behavioral economics, being aimed at 3rd- or 4th-year undergraduate and postgraduate students in economics.

The authors present the principles and methods of behavioral economics in a logical manner and contrast them with those of standard models. However, the exposition could be more didactic: The book contains 32 figures and 29 tables, which is scarce for a book of 500+
...more
Tom
Mar 24, 2008 rated it liked it
Shelves: economics
A great intro to the latest thinking in Behavioural Economics. Has some really nice summaries of some key papers and a decently broad angle - not just EUT violations like a number of texts. But often fails to go past a decent overview, which is a shame. References are useful for exploring further, but rarely gets past an advanced undergraduate level. It'll also date horribly I fear...
Jeffrey
Nov 15, 2009 rated it it was amazing
A must-read for all behavioral economics enthusiasts!
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