Twenty years ago, behavioral economics did not exist as a field.
Most economists were deeply skeptical--even antagonistic--toward
the idea of importing insights from psychology into their field.
Today, behavioral economics has become virtually mainstream. It is
well represented in prominent journals and top economics
departments, and behavioral economists, including several
contributors to this volume, have garnered some of the most
prestigious awards in the profession.
This book assembles the most important papers on behavioral
economics published since around 1990. Among the 25 articles are
many that update and extend earlier foundational contributions, as
well as cutting-edge papers that break new theoretical and
empirical ground.
"Advances in Behavioral Economics" will serve as the definitive
one-volume resource for those who want to familiarize themselves
with the new field or keep up-to-date with the latest developments.
It will not only be a core text for students, but will be consulted
widely by professional economists, as well as psychologists and
social scientists with an interest in how behavioral insights are
being applied in economics.
The articles, which follow Colin Camerer and George
Loewenstein's introduction, are by the editors, George A. Akerlof,
Linda Babcock, Shlomo Benartzi, Vincent P. Crawford, Peter Diamond,
Ernst Fehr, Robert H. Frank, Shane Frederick, Simon Gachter, David
Genesove, Itzhak Gilboa, Uri Gneezy, Robert M. Hutchens, Daniel
Kahneman, Jack L. Knetsch, David Laibson, Christopher Mayer,
Terrance Odean, Ted O'Donoghue, Aldo Rustichini, David Schmeidler,
Klaus M. Schmidt, Eldar Shafir, Hersh M. Shefrin, Chris Starmer,
Richard H. Thaler, Amos Tversky, and Janet L. Yellen."
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