Information and Decision in Behavioral Economics

Inbunden, Engelska, 2013

Del 5 i serien Schriftenreihe Arbeit und Bildung des Heinrich-Vetter-Forschungsinstituts E.V.

621 kr

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Beskrivning

The book presents an integrative viewpoint of behavioral economics as an approach to analyze the behavior of decision-makers in various economic situations. Special attention is paid to the significance of experimental methods, enabling for example the collection of information for a decision-maker in a dynamic decision situation, to reduce uncertainty. In addition, behavioral economics offers the possibility to study human choices in the context of the economic life of people, also considering their perception of reality in their own cognitive categories.

Produktinformation

Utgivningsdatum:2013-01-17
Mått:148 x 210 x 17 mm
Vikt:500 g
Format:Inbunden
Språk:Engelska
Serie:Schriftenreihe Arbeit und Bildung des Heinrich-Vetter-Forschungsinstituts E.V.
Antal sidor:214
Förlag:Peter Lang AG
ISBN:9783631633809

Utforska kategorier

Innehållsförteckning

Contents: Information and decision – Decision situation – Behavioral economics as a theoretical approach – Decision as human behavior – Searching for new information – Informational process in a decision-making situation – Cognitive fallacies (biases) – Sequential search for probabilistic information – Experimental decision-making game as an empirical model.