Pollard Memorial Library (Lowell)

Misbehaving, the making of behavioral economics, Richard H. Thaler

Label
Misbehaving, the making of behavioral economics, Richard H. Thaler
Language
eng
Bibliography note
Includes bibliographical references (pages 373-391) and index
Illustrations
illustrations
Index
index present
Literary Form
non fiction
Main title
Misbehaving
Nature of contents
bibliography
Oclc number
891611164
Responsibility statement
Richard H. Thaler
Sub title
the making of behavioral economics
Summary
"Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments"--Amazon.com
resource.variantTitle
Making of behavioral economics
Classification
Mapped to

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