422 pages | 25 B/W Illus.
There is no doubt that behavioral economics is becoming a dominant lens through which we think about economics. Behavioral economics is not a single school of thought but representative of a range of approaches, and uniquely, this volume presents an overview of them.
The wide spectrum of international contributors each provides an exploration of a central approach, aspect or topic in behavorial economics. Taken together, the whole volume provides a comprehensive overview of the subject which considers both key developments and future possibilities.
Part One presents several different approaches to behavioural economics, including George Katona, Ken Boulding, Harvey Leibenstein, Vernon Smith, Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Richard Thaler. This section looks at the origins and development of behavioral economics and compares and contrasts the work of these scholars who have been so influential in making this area so prominent. Part Two presents applications of behavioural economics including nudging; heuristics; emotions and morality; behavioural political economy, education, and economic innovation.
The Routledge Handbook of Behavioral Economics is ideal for advanced economics students and faculty who are looking for a complete state-of-the-art overview of this dynamic field.
‘This Handbook provides a good coverage of contemporary behavioral economic topics and is written by an excellent group of authors’ — Gerrit Antonides, Wageningen University, The Netherlands
‘This book contains a great collection of chapters on behavioral economics. It is distinguished by the diversity of its subject matter and the distinctiveness of its authors. If you want genuine insights and viewpoints as well as analyses not found elsewhere, please read the Handbook of Behavioral Economics. It is loaded with gems that contrast the unrealism of neoclassical economics with the realism of excellent behavioral economics.’ — John Tomer, Manhattan College, USA.
Part I: Scientists in the field of behavioral economics
1. The Evolution of Behavioural EconomicsPeter Earl
2. George Katona:A Founder of Behavioral Economics Richard Curtin
3.Ken Boulding: The image as a precursor to framing? Stefan Kesting
4. Harvey Leibenstein: A First Generation Behavioral Economist Roger Frantz
5. Herbert Simon’s Behavioral EconomicsEsther-Mirjam Sent
6. Reinhard Selten, the Dualist Rosemarie Nagel, Anna Bayona, Reza Kheirandish and Shabnam Mousavi
7. Gerd Gigerenzer and Vernon Smith on Ecological Rationality of Fast-and-Frugal Heuristics Shabnam Mousavi
8. Richard Thaler’s Behavioral Economics Floris Heukelom
9. Daniel Kahneman and the Behavioral Economics of Cognitive Mistakes Floris Heukelom
10. George Katona’s Contributions to the Start of Behavioral EconomicsHamid Hosseini
11. Behavioral Rules: Veblen, Nelson-Winter, Ostrom and BeyondGeorg Blind
12. Generating Meso Behavior Manuel Scholz-Wackerle
13. Schumpeter, Kirzner, Knight, Simon and Others: Behavioral Economics and Entrepreneurship Thomas Grebel and Michael Stutzer
14. A Bounded Rationality Assessment of the New Behavioral EconomicsMorris Altman
Part II: Specific domains of behavioral economics
15. Behaviorally Informed Regulation, Part 1Cass Sunstein
16. Behaviorally Informed Regulation, Part 2 Cass Sunstein
17. Ignorance: Literary Light on Decision’s Dark CornerDevjani Roy and Richard Zeckhauser
18. Smart Societies Shu-Heng Chen, Bin-Tzong Chie and Chung-Ching Tai
19. Behavioral Macroeconomics: Time, Optimism And Animal SpiritsMichelle Baddeley
20. Rethinking Behavioral Economics Through Fast-and-Frugal HeuristicsShabnam Mousavi, Gerd Gigerenzer and Reza Kheirandish
21. Computational Behavioral EconomicsShu-Heng Chen, Kao Chen, Kao Ying-Fang and Ragupathy Venkatachalam
22. Emotions in EconomyNina Bandelj, Julie Kim and Zaibu Tufail
23. Morality as a Variable Constraint on Economic BehaviorDaniel Friedman
24. Behavioral Political Economy Gigi Foster and Paul Frijiters
25. Behavioral Labor Economics Xianghong Wang
26. Behavioral Education EconomicsSean Leaver
27. Behavioral Innovation Economics Jason Potts
28. Economic Behaviour and Agent-Based Modelling M Muller and A. Pyka