Psychology, rationality and economic behaviour : challenging standard assumptions / Bina agarwal and Alessandro Vercelli

By:

Agarwal, Bina (ed)

Contributor(s):

Vercelli, Alessandro (ed)

Material type: Text

TextPublication details: New York : Palgrave Macmillan, 2008Description: xiii, 270p., 22cmISBN:

9780230226821

Subject(s):

DDC classification:

330.019 AGA

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Book	Calcutta	330.019 AGA (Browse shelf(Opens below))	Available		IIMC-125704

Total holds: 0

Economics has paid little attention to the psychology of economic behavior, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to assumptions of standard utility theory, based on a narrow conception of rationality, often called substantive rationality. However, recent work, some theoretic, some based on experimental economics or an empirical analysis of existing data, challenges these assumptions and forefronts the psychological dimensions of economic decisions. The essays in this volume provide a glimpse of this exciting and newly emerging field.

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