1. What is behavioral economics?; 2. What motivates us?; 3. Why is life so full of problems for us to try to solve?; 4. How do we acknowledge problems and assess our options?; 5. How do we deal with uncertainty and ambiguity?; 6. How do we search for solutions to problems?; 7. Why do some things matter more than others?; 8. How do we choose?; 9. How can firms and governments influence our choices?; 10. What determines the productivity of an organization?; 11. How does the competitive process work?; 12. Are there any behavioral insights for macroeconomists?; 13. Can we be happy without destroying the environment?
Presents the ONE behavioral approach to economics: a grand synthesis of Old, New and Evolutionary behavioral approaches.
Peter Earl is Honorary Associate Professor of Economics at the University of Queensland, Australia.
'Peter Earl has produced a magnificent volume. In it he overcomes a
number of challenges. He offers a new visionary overview of the
field of behavioural economics. He carefully and lucidly
negotiates the different approaches in this area, offering some
important and original critical insights. The readable and fluid
style extends its appeal to a wider audience, including to
scholars, young and old, in economics, business and management.
This is a landmark contribution to behavioural economics and
related fields.' Geoff Hodgson, Loughborough University
'Behavioral economics has a rich history and thanks to the book by
Peter Earl it has the potential for an even richer future. Whereas
Old Behavioral Economics (OBE) shared a dissatisfaction with
mainstream economics, New Behavioral Economics (NBE) sought to
position itself squarely within the mainstream. This book
creatively blends these approaches with a strong evolutionary
emphasis. As a result, it lays the foundation for a broad range of
research opportunities. Earl deserves great appreciation for this.'
Esther-Mirjam Sent, Radboud University
'… a rigorous and learned contribution … for any passionate
graduate student, researcher or other scholarly person interested
in a fresh perspective on behavioral economics, it is a worthwhile
read and will reward its reader with plenty of innovative insights,
all collected together in one ambitious volume.' Michelle Baddeley,
Society
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