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19. Juni 2015 · As Richard Thaler implies in Misbehaving: The making of behavioral economics, most economists would say little to none — but this couldn’t be further from the truth. Misbehaving is, first and foremost, a story of how modern economics, finance, and theoretical analysis have become increasingly specialized and narrow without substantial practical value. Utilizing empirical studies and ...
2. Juli 2015 · Estimated reading time: 5 minutes. 5 Shares. Reviewer Adam Oliver finds that Richard Thaler’s new book, Misbehaving: The Making of Behavioural Economics, covers the core concepts of behavioural economics, but finds that this book is more a ‘personal intellectual history, supplemented by stories, anecdotes and occasional reposts to past ...
11. Mai 2015 · Misbehaving: the making of behavioral economics is both the personal story of Richard Thaler as well as a strong overview of many of the experimental findings that have propelled the field forward and highlighted the relevance of experimental economics. With the financial crisis leading to much soul-searching among macro-economists behavioral finance has seen much renewed interest and ...
14. Sept. 2015 · In attempting to make economics more human, it is important to incorporate these insights. Because this important and richer idea of rationality is ignored – the organizing principles Thaler uses in the book – and by extension in behavioral economics, is rational choice theory in its normative sense. In other words, the right or logically ...
11. Mai 2015 · Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people ...
11. Mai 2015 · Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans-predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth-and change the way we think about economics, ourselves, and our world. Traditional economics assumes ...
Winner of the Nobel Prize in Economics Get ready to change the way you think about economics., Misbehaving, The Making of Behavioral Economics, Richard H Thaler, 9780393352795
