Quasi Rational Economics

Quasi Rational Economics
Author :
Publisher : Russell Sage Foundation
Total Pages : 396
Release :
ISBN-10 : 087154847X
ISBN-13 : 9780871548474
Rating : 4/5 (474 Downloads)

Book Synopsis Quasi Rational Economics by : Richard H. Thaler

Download or read book Quasi Rational Economics written by Richard H. Thaler and published by Russell Sage Foundation. This book was released on 1994-01-04 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Standard economics theory is built on the assumption that human beings act rationally in their own self interest. But if rationality is such a reliable factor, why do economic models so often fail to predict market behavior accurately? According to Richard Thaler, the shortcomings of the standard approach arise from its failure to take into account systematic mental biases that color all human judgments and decisions.


Quasi Rational Economics Related Books

Quasi Rational Economics
Language: en
Pages: 396
Authors: Richard H. Thaler
Categories: Business & Economics
Type: BOOK - Published: 1994-01-04 - Publisher: Russell Sage Foundation

GET EBOOK

Standard economics theory is built on the assumption that human beings act rationally in their own self interest. But if rationality is such a reliable factor,
Advances in Behavioral Finance
Language: en
Pages: 628
Authors: Richard H. Thaler
Categories: Business & Economics
Type: BOOK - Published: 1993-08-19 - Publisher: Russell Sage Foundation

GET EBOOK

Modern financial markets offer the real world's best approximation to the idealized price auction market envisioned in economic theory. Nevertheless, as the inc
Consistency, Choice, and Rationality
Language: en
Pages: 231
Authors: Walter Bossert
Categories: Business & Economics
Type: BOOK - Published: 2010-10-15 - Publisher: Harvard University Press

GET EBOOK

In Consistency, Choice, and Rationality, economic theorists Walter Bossert and Kotaro Suzumura present a thorough mathematical treatment of Suzumura consistency
Asking About Prices
Language: en
Pages: 412
Authors: Alan Blinder
Categories: Business & Economics
Type: BOOK - Published: 1998-01-08 - Publisher: Russell Sage Foundation

GET EBOOK

Why do consumer prices and wages adjust so slowly to changes in market conditions? The rigidity or stickiness of price setting in business is central to Keynesi
Misbehaving: The Making of Behavioral Economics
Language: en
Pages: 502
Authors: Richard H. Thaler
Categories: Business & Economics
Type: BOOK - Published: 2015-05-11 - Publisher: W. W. Norton & Company

GET EBOOK

Winner of the Nobel Prize in Economics Get ready to change the way you think about economics. Nobel laureate Richard H. Thaler has spent his career studying the