Handbook of Behavioral Economics - Foundations and Applications 1

This book provides a thorough overview of behavioral economics, highlighting its integration with traditional economic theories and future potential.

The Handbook of Behavioral Economics - Foundations and Applications 1 offers a comprehensive exploration of the principles and methodologies that define behavioral economics. Authored by a team of esteemed economists, the book emphasizes the belief that behavioral economics aims to enhance traditional economic theories rather than undermine them. This perspective is crucial for understanding how psychological insights can be integrated into economic models to better reflect real-world decision-making processes.

In this first volume, readers will find detailed discussions on a variety of topics, including reference-dependent preferences, asset markets, and household finance. Each chapter is penned by experts in their respective fields, providing authoritative insights into how behavioral economics has evolved and its significant contributions to economic inquiry. The text also examines corporate finance, public economics, industrial organization, and structural behavioral economics, ensuring a well-rounded understanding of the discipline.

The Handbook of Behavioral Economics - Foundations and Applications 1 serves as both a retrospective and a forward-looking analysis of behavioral economics. By taking stock of its achievements and challenges, the book highlights the ongoing relevance and potential of behavioral economics in shaping future economic research and policy. It is an essential read for anyone interested in the intersection of psychology and economics, offering a rich source of knowledge and inspiration for future exploration in the field.