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The Irrational Economist
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About the Author

Erwann Michel-Kerjan has authored or co-authored more than 40 publications at the crux of financial management and global risk governance, and his views regularly appear in leading media. In 2007, Dr. Michel-Kerjan was named a Young Global Leader by the World Economic Forum (Davos), an honour bestowed to recognize and acknowledge the most extraordinary leaders of the world under the age of 40. He lives in Philadelphia. Paul Slovic is a professor of psychology at the University of Oregon, a founder and President of Decision Research, and author of several scholarly books on human judgement and risk analysis. He is a recipient of the Distinguished Scientific Contribution Award from the American Psychological Association. He lives in Eugene.

Reviews

Joseph Stiglitz
""The Irrational Economist" challenges conventional wisdoms, overturns traditional economic models, and brings to light new discoveries in decision sciences: The result is a profound revolution in thinking. This book will help us cope better with the myriad of important decisions under uncertainty that we face."
Richard M. Smith, Chairman, "Newsweek"
"In "The Irrational Economist" some of the world's foremost economists and decision scientists analyze how we make decisions under pressure--and offer thought-provoking ideas about how to improve the process. The result is important and remarkably timely."
Martin Feldstein, Professor of Economics, Harvard University; President Emeritus of the National Bureau of Economic Research
"Dealing with extra-ordinary situations that cannot be quantified on the basis of past experience is one of the key problems facing investors, business executives, and government officials. Michel-Kerjan and Slovic brilliantly rally insights from an outstanding group of authors: There is something here for any reader."
Matthew Bishop, U.S. Business Editor, "The Economist" and author of "The Road From Ruin: How to Revive Capitalism and Put America Back on Top"
"At a time of transformative choices, we all need guidance, if not a radical shift in perspective. "The Irrational Economist" is a terrific book that will change the way you make decisions."
Justin Fox, Editor-at-large, "TIME" and author of "The Myth of the Rational Market"
"The future is uncertain and filled with risks. So what do we do about it? Think of this book as a jam session in which the most virtuosic thinkers from economics and a few other social sciences try to answer that essential question. A great performance."
"Publishers Weekly"
"Compelling.... This collection is an intriguing look at the limitations of human knowledge regarding its own nature, especially relevant for the current moment of economic tu
Joseph Stiglitz
"The Irrational Economist challenges conventional wisdoms, overturns traditional economic models, and brings to light new discoveries in decision sciences: The result is a profound revolution in thinking. This book will help us cope better with the myriad of important decisions under uncertainty that we face."
Richard M. Smith, Chairman, Newsweek
"In The Irrational Economist some of the world's foremost economists and decision scientists analyze how we make decisions under pressure--and offer thought-provoking ideas about how to improve the process. The result is important and remarkably timely."
Martin Feldstein, Professor of Economics, Harvard University; President Emeritus of the National Bureau of Economic Research
"Dealing with extra-ordinary situations that cannot be quantified on the basis of past experience is one of the key problems facing investors, business executives, and government officials. Michel-Kerjan and Slovic brilliantly rally insights from an outstanding group of authors: There is something here for any reader."

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