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Misbehaving
৳1,400
5 in stock
In “Misbehaving: The Making of Behavioral Economics,” renowned economist Richard H. Thaler provides a captivating exploration of the evolution of economic thought and the emergence of behavioral economics as a groundbreaking discipline. Thaler challenges the traditional assumptions of classical economics that portray individuals as rational actors consistently making optimal decisions. Instead, he introduces the concept of “bounded rationality” and argues that human decision-making is inherently flawed, influenced by cognitive biases and social factors. Thaler’s narrative weaves together historical anecdotes, experiments, and personal experiences, offering a compelling account of the development of behavioral economics.
Weight | 0.3 kg |
---|---|
Author |
Richard H. Thaler |
Publisher |
Penguin |
Book Type |
Non-Fiction ,Undergrad-Grad |
Categories |
Business ,Finance & Economics |
Best for |
interested in the intersection of psychology and economics,researchers and Practitioners |
Ages |
18+ |
Binding |
Paperback |
Edition |
Latest edition (4 July 2016) |
ISBN |
978-0241951224 |
Language |
English |
Pages |
432 |
Printing Remarks |
Imported |
Dimension |
19.7 x 12.9 x 2.59 cm |
Weight |
0.3 Kg |
Throughout the book, Thaler shares insights from his own experiences and collaborations with fellow economists, highlighting the importance of incorporating psychology and sociology into economic models. He discusses the practical implications of behavioral economics for public policy, finance, and everyday decision-making. “Misbehaving” serves as a thought-provoking journey into the world of behavioral economics, challenging readers to reconsider their assumptions about human behavior and providing a rich tapestry of ideas that have reshaped the landscape of modern economics. Thaler’s wit and storytelling make complex economic concepts accessible, making this book not only informative but also an enjoyable read for those interested in understanding the intricacies of decision-making and the limitations of traditional economic theories.
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