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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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