Renaissance in Behavioral Economics

Essays in Honour of Harvey Leibenstein

Edited by Roger Frantz

© 2009 – Routledge

238 pages | 21 B/W Illus.

Purchasing Options:
Paperback: 9780415547857
pub: 2009-07-29
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Hardback: 9780415700801
pub: 2007-06-06
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About the Book

Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline.

The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegie School, and intra-industry efficiency in less developed countries.

Table of Contents

1. Introduction: Leibenstein as a Behavioral Pioneer Roger Frantz 2. The Neuroeconomics of Trust Paul Zak 3. Leibenstein's Selective Rationality And Dual Motives As Expressions Of Brain Physiology Robert Cory 4. The Evolutionary Foundations of Behavioral Economics. Harvey Leibenstein' s Legacy Kurt Dopfer 5. 'Efficacy' vs 'X-Efficiency' Jason Potts 6. Consumer X-Inefficiency and the Problem of Market Regulation Peter Earl 7. Leibenstein's Theory of Consumption Behavior Paul Albanese 8. Effort Discretion and Economic Agency and Behavioral Economics: Transforming Economic Theory and Public Policy Morris Altman 9. Understanding High Performance Work Systems: The Joint Contribution of Economics and Human Resource Management John Tomer 10. X-Efficiency and Underdevelopment: A Leibenstein's Application of Behavioral Economics Hamid Hosseini 11. Empirical Evidence on X-Efficiency, 1967-2004 Roger Frantz

About the Editor

Roger Frantz is Professor of Economics at San Diego State University. He is the co-editor of the Handbook of Behavioral Economics and author of X-efficiency: Theory, Evidence and Applications.

About the Series

Routledge Frontiers of Political Economy

In recent years, there has been widespread criticism of mainstream economics. This has taken many forms, from methodological critiques of its excessive formalism, to concern about its failure to connect with many of the most pressing social issues. This series provides a forum for research which is developing alternative forms of economic analysis. Reclaiming the traditional 'political economy' title, it refrains from emphasising any single school of thought, but instead attempts to foster greater diversity within economics.

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Subject Categories

BISAC Subject Codes/Headings:
BUS068000
BUSINESS & ECONOMICS / Development / Economic Development
BUS069000
BUSINESS & ECONOMICS / Economics / General
BUS069030
BUSINESS & ECONOMICS / Economics / Theory