The Foundations of Behavioral Economic Analysis

Description

This first volume of The Foundations of Behavioral Economic Analysis covers the opening topic found in this definitive introduction to the subject: the behavioral economics of risk, uncertainty, and ambiguity. It is an essential guide for advanced undergraduate and postgraduate students seeking a concise and focused text on this important subject, and examines how the decision maker chooses his optimal action in the presence of risk, uncertainty, and ambiguity.

This updated extract from Dhami's leading textbook allows the reader to pursue subsections of this vast and rapidly growing field and to tailor their reading to their specific interests in behavioural economics.

About the author

Sanjit Dhami, Professor of Economics, University of Leicester, UK

Sanjit Dhami is Professor of Economics at the University of Leicester. He studied at the Delhi School of Economics and the University of Toronto for his Masters, MPhil, and PhD degrees in economics. He has previously taught at the Universities of Toronto, Essex, and Newcastle. His research has mainly focused on behavioral economic theory and its applications. He has published on the axiomatic foundations of the various components of prospect theory, behavioral political economy using other-regarding preferences, behavioral time preferences, foundations of behavioral game theory, and applications in tax evasion, stochastic dominance concepts under other-regarding preferences, and in behavioral law and economics.

Table of contents

Preface to Volume I: Behavioral Economics of Risk, Uncertainty, and Ambiguity
Preface to the Foundations of Behavioral Economic Analysis
Introduction to Volume I
Introduction to Behavioral Economics and the Book Volumes
1:The Evidence on Human Choice under Risk and Uncertainty
2:Behavioral Models of Decision Making
3:Applications of Behavioral Decision Theory
4:Human Behavior under Ambiguity
A Selected Guide to the Recent Literature (2015—2018)
References