Optimally Irrational: The Good Reasons We Behave the Way We Do by

Optimally Irrational: The Good Reasons We Behave the Way We Do

Page: 432
Format: pdf, ePub, mobi, fb2
ISBN: 9780128144794
Publisher: Elsevier Science
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Optimally Irrational: The Good Reasons We Behave the Way We Do provides economists, social scientists and researchers in behavioral economics with a clear view of the frontier of research in economics and other behavioral sciences, including how the different biases unveiled by behavioral economics make sense when we try to optimize problems. The book evaluates the role of bias in human economic behavior, considers the human decision-making processes as the product of natural selection, and explores why we behave the way we do. Discusses the many seemingly strange and irrational ways we often behave Explains how biases are often adaptive solutions to well-posed optimization problems under constraints Unites advances in behavioral economics with those from other behavioral sciences and evolutionary biology

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        Optimally Irrational: The Good Reasons We Behave the Way We Do (Perspectives in Behavioral Economics and the Economics of Be) (Paperback).
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        Optimally Irrational: The Good Reasons We Behave the Way We Do provides economists, social scientists and researchers in behavioral economics with a clear 
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        This is the reason why even negative emotions can result in a desirable economic behavior. A vengeful attitude can induce cooperation more than self interested 
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        The book evaluates the role of bias in human economic behavior, considers the human decision-making processes as the product of natural selection, and explores 
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        Optimally Irrational: The Good Reasons We Behave the Way We Do provides economists, social scientists and researchers in behavioral economics with a clear 
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        Optimally Irrational: The Good Reasons We Behave the Way We Do provides economists, social scientists and researchers in behavioral economics with a clear 
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        Optimally Irrational: The Good Reasons We Behave the Way We Do evaluates the role of bias in human economic behavior. It shows how the different biases unveiled 
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        Then they will end up quitting early on good days and working longer on bad days. De Bondt and Thaler hypothesized that if investors behave this way,

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