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Informationen zum Autor Isabelle Brocas is Assistant Professor at the University of Southern California, and Assistant Professor (on leave) at the Free University of Brussels. She is also a research affiliate at CEPR, a research advisor at EERC (Russia), and co-editor of the 'Annals of Marie Curie Fellows Association'.Juan D. Carrillo is Associate Professor at the University of Southern California, and is currently on leave from the Free University of Brussels. He is also a research affiliate at CEPR, a research advisor at EERC (Russia), and Associate Editor of the Spanish Economic Review. Klappentext This volume brings together contributions to the burgeoning research area of behavioral economics from a number of well-known international scholars in the field. Topics covered include 'irrational' conducts; imperfect self-knowledge; imperfect memory; time and utility; and experimental practices in psychology! economics! and finance. This book will provide a point of entry to anyone wishing to discover what the intellectual terrain between economics and psychology looks like. Zusammenfassung Psychologists have a long tradition of studying human behavior, strengths and weaknesses, biases and limitations. Economists have constructed normative frameworks that capture the most important elements of human decision-making and developed powerful tools to determine individual and strategic choices in a variety of situations. Only recently have their strengths been combined and economic models enriched with key ingredients found in psychological studies.This volume covers four of the most important themes in this interdisciplinary field: feelings, inconsistencies, limitations and biases. Each chapter contributes to a more comprehensive and accurate modelling and description of human behavior. Its four parts cover: the origins, formation, and evolution of beliefs; consistency, commitment, and intertemporal separability of dynamic choices; attention, preference formation, and risk evaluation in limited cognition; and affective behaviour, specifically the role of emotions in decision making. Inhaltsverzeichnis 0: Isabelle Brocas and Juan D. Carrillo: Introduction PART I. BELIEFS: ORIGINS, FORMATION, AND EVOLUTION 1: Jon Elster: Costs and constraints in the economy of the mind 2: Cade Massey and George Wu: Understanding under- and over-reaction 3: Barbara Mellers and A. Peter McGraw: Self-serving beliefs and the pleasure of outcomes PART II. DYNAMIC CHOICES: CONSISTENCY, COMMITMENT AND INTERTEMPORAL SEPARABILITY 4: Isabelle Brocas, Juan D. Carrillo and Mathias Dewatripont: Commitment devices under self-control problems: an overview 5: Ignacio Palacios-Huerta: Consistent intertemporal decision making through memory and anticipation 6: Robin Cubitt, Chris Starmer and Robert Sugden: Dynamic decisions under uncertainty: some recent evidence from economics and psychology PART III. LIMITED COGNITION: ATTENTION, PREFERENCE FORMATION AND RISK EVALUATION 7: Colin F. Camerer and Eric Johnson: Thinking about attention in games: backward and forward induction 8: Dan Ariely, George Loewenstein and Drazen Prelec: Arbitrarily coherent preferences 9: Elke U. Weber: Perception matters: psychophysics for economists PART IV. AFFECTIVE BEHAVIOR: THE ROLE OF EMOTIONS IN DECISION-MAKING 10: Thane S. Pittman and Orit E. Tykocinski: The dark-side of opportunity: regret, disappointment and the cost of prospects 11: Ralph Erber, Maureen Wang Erber and Jennifer Poe: Mood regulation and decision-making: is irrational exuberance really a problem? 12: Jonathan J. Koehler: Which chance was lost? The psychology of damage awards under the loss of chance doctrine ...
