This book examines the field of behavioral economics and provides insights into the following questions: - Does utility bring happiness?- How do emotions and personal perspectives color our economic decisions?- How do altruism, trust, fairness and justice come into play in game theory?- Why are some organizations (e.g. National Rifle Association and the Mormons) so successful in implementing the objectives of collective action?- Can advances in neuroeconomics unlock the secrets of how decisions are made?- First book of its kind. Students and readers alike looking for evidence that tackles their underlying intuitive skepticism about how people make economic decisions will welcome this book- Makes an important and unique contribution to the field of behavioral economics by introducing a wide range of material that is not too technical, easy to read and appropriate for college students at sophomore through senior level- Looks beyond the standard assumptions of economics and offers a clear and comprehensive review of modern developments in decision making from several different perspectives- Integrates economic analysis with psychology, sociology and political sciences- Offers classroom games, exercises and case studies
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