Misbehaving: The Making of Behavioural Economics by Richard H. Thaler (Paperback, 2016)

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RICHARD H. THALER: WINNER OF THE 2017 NOBEL PRIZE IN ECONOMICSShortlisted for the Financial Times and McKinsey Business Book of the Year AwardECONOMIST, FINANCIAL TIMES and EVENING STANDARD books of the yearFrom the renowned and entertaining behavioural economist and co-author of the seminal work Nudge, Misbehaving is an irreverent and enlightening look into human foibles. Traditional economics assumes that rational forces shape everything. Behavioural economics knows better. Richard Thaler has spent his career studying the notion that humans are central to the economy - and that we're error-prone individuals, not Spock-like automatons.

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The renowned behavioural economist exposes the irrational tendencies in our thinking and illuminates the way to make clear, logical decisions Why are we more likely to forgo the opportunity to sell a e100 bottle of wine rather than actually taking money out our wallet to pay for it, when ultimately the 'opportunity cost' of doing so is the same? Why would the 'endowment effect' mean that we value a free ticket worth hundreds of pounds more than the money we would get from selling it? As the most vivacious and vociferous founding member of behavioural economics, Thaler presents his insightful findings with stories about data and experiments and shows us how to avoid making costly mistakes in our own lives.

Product Identifiers

PublisherPenguin Books LTD
ISBN-139780241951224
eBay Product ID (ePID)222359259

Product Key Features

Number of Pages432 Pages
LanguageEnglish
Publication NameMisbehaving: the Making of Behavioural Economics
Publication Year2016
SubjectEconomics
TypeTextbook
AuthorRichard H. Thaler
FormatPaperback

Dimensions

Item Height198 mm
Item Weight315 g
Item Width129 mm

Additional Product Features

Country/Region of ManufactureUnited Kingdom
Title_AuthorRichard H. Thaler

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