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A Course in Behavioral Economics (3rd Edition)

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Red Globe Press

Pages: 310
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Paperback - 9781352010800

19 November 2020

$59.99

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Ebook - 9781352010817

19 November 2020

$47.99

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This textbook looks at the theory of decisions and how we come to make them. In a concise and reader-friendly way, Erik Angner clearly lays out the theory of behavioral economics and explains the intuitions behind it. The...

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This textbook looks at the theory of decisions and how we come to make them. In a concise and reader-friendly way, Erik Angner clearly lays out the theory of behavioral economics and explains the intuitions behind it. The book offers a rich tapestry of examples, exercises, and problems drawn from fields such as economics, management, marketing, political science, and public policy. It shows how to apply the principles of behavioral economics to improve your life and work – and to make the world a better place to boot. No advanced mathematics is required.

This is an ideal introduction for students coming to behavioral economics from various fields. It can be used on its own in introductory courses, or in combination with other texts at advanced undergraduate and postgraduate levels. It is equally suitable for general readers who have been captivated by popular-science books on behavioral economics and want to know more about this intriguing subject.

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  • Updated edition of a trusted and established book.
  • Offers a reader-friendly, clear, concise and self-contained introduction to the field.
  • Brings out the conceptual foundations of the field with its intuitive, progressively more difficult organisation.
  • Presupposes no advanced mathematical skills.
  • Contains many examples, exercises, and problems drawn from the fields of business, marketing, medicine, philosophy, public health, public policy political science, and more.
  • Shows how an understanding of behavioral economics can inform science, business, medicine, and daily life.
    • An updated chapter on behavioral policy and the nudge agenda.
    • Several new sections, for example on the economics of happiness.
    • Updated examples and exercises, with an expanded answer key
    • Refreshed ancillary resources make for a plug and play experience for instructors teaching behavioral economics for the first time.


    1 Introduction
    PART I CHOICE UNDER CERTAINTY 
    2 Rational Choice Under Certainty 
    3 Decision-making Under Certainty 
    PART II JUDGMENT UNDER RISK AND UNCERTAINTY
    4 Probability Judgment
    5 Judgment Under Risk and Uncertainty 
    PART III CHOICE UNDER RISK AND UNCERTAINTY 
    6 Rational Choice Under Risk and Uncertainty 
    7 Decision-Making under Risk and Uncertainty 
    PART IV INTERTEMPORAL CHOICE
    8 The Discounted Utility Model
    9 Intertemporal Choice
    PART V STRATEGIC INTERACTION
    10 Analytical Game Theory
    11 Behavioral Game Theory
    PART VI CONCLUDING REMARKS
    12 Behavioral Policy
    13 General Discussion.

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    Erik Angner is Professor of Practical Philosophy at Stockholm University, where he directs the Philosophy, Politics, and Economics (PPE) Program. As a result of serious mission creep, he holds two PhDs – one in Economics and one in History and Philosophy of Science – both from the University of Pittsburgh. He is the author of one monograph and multiple journal articles and book chapters on behavioral and experimental economics, the economics of happiness, and the history, philosophy, and methodology of contemporary economics. He lives in Stockholm with his wife and their three children. 


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    Erik Angner is Professor of Practical Philosophy at Stockholm University, where he directs the Philosophy, Politics, and Economics (PPE) Program. As a result of serious mission creep, he holds two PhDs – one in Economics and one in History and Philosophy of Science – both from the University of Pittsburgh. He is the author of one monograph and multiple journal articles and book chapters on behavioral and experimental economics, the economics of happiness, and the history, philosophy, and methodology of contemporary economics. He lives in Stockholm with his wife and their three children. 


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