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Behavioural economics and behavioural finance are both rapidly expanding fields that are continually growing in prominence. The insightful new edition of this textbook is a thorough extension of the first edition, introducing the key concepts from this rich, inter-disciplinary approach to real-world decision-making.
List of contents
1. Introducing Behavioural Economics. PART I MICROECONOMIC PRINCIPLES. 2. Motivations and Incentives. 3. Heuristics and Bias. 4. Prospects and Regrets. 5. Learning. 6. Sociality and Identity 7. Time and Plans. 8. Bad Habits. 9. Personality, Moods and Emotions. PART II EXTENSIONS: POLICY, NEUROECONOMICS AND BEHAVIOURAL FINANCE. 10. Behavioural Public Policy. 11. Neuroeconomics I: Principles. 12. Neuroeconomics II: Evidence. 13. Behavioural Anomalies in Finance. 14. Corporate Investment and Finance. 15. Emotional Trading. PART III MACROECONOMICS AND FINANCIAL SYSTEMS. 16. Behavioural Macroeconomics. 17 Financial Instability and Macroeconomic Performance. 18 Happiness and Wellbeing.
About the author
Michelle Baddeley is a behavioural economist and applied economist based at the University of South Australia’s Institute for Choice in Sydney. She is an Honorary Professor with University College London’s Institute for Global Prosperity, Associate Researcher with the Cambridge Energy Policy Research Group and Associate Fellow with the Centre for Science and Policy, University of Cambridge. She has also worked with policy-makers across a diverse range of themes and her research brings economic insights from applied economics, behavioural economics, behavioural finance and neuroeconomics to multidisciplinary studies.
Summary
Behavioural economics and behavioural finance are both rapidly expanding fields that are continually growing in prominence. The insightful new edition of this textbook is a thorough extension of the first edition, introducing the key concepts from this rich, inter-disciplinary approach to real-world decision-making.
