Home » Psychology, Rationality and Economic Behaviour: Challenging Standard Assumptions by Alessandro Vercelli
Psychology, Rationality and Economic Behaviour: Challenging Standard Assumptions Alessandro Vercelli

Psychology, Rationality and Economic Behaviour: Challenging Standard Assumptions

Alessandro Vercelli

Published August 3rd 2005
ISBN : 9781280563126
ebook
270 pages
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 About the Book 

Economics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conceptionMoreEconomics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conception of rationality and self-interest maximization. The contributions in this volume, some focused on analytical models and methodology, others on laboratory and field experiments, challenge these assumptions, and provide novel and complex understandings of human motivation and economic decision-making. With a pioneering introduction by the books two editors, this volume brings together exciting contributions to a field that is rapidly growing in influence and reach.