Titlebook: Behavioral Economics; Toward a New Economi Masao Ogaki,Saori C. Tanaka Textbook 2017 Springer Nature Singapore Pte Ltd. 2017 behavioral eco

CRAB

Behavioral Economics978-981-10-6439-5Series ISSN 2192-4333 Series E-ISSN 2192-4341

PAN

果仁

,Triggers for Users’ Behaviours,ization approach of traditional economics has difficulties such as the infinite regress problem. Hence it has been complemented by the descriptive approach in which intuitive judgment such as heuristics is shown to often lead to biases in experiments.

正面

https://doi.org/10.1007/978-94-011-0647-4 limitations. Then we introduce the hyperbolic time discounting model in behavioral economics. The hyperbolic discounting model can explain why some people tend to procrastinate on doing unpleasant tasks such as saving instead of consuming, doing homework, or quitting smoking.

生来

avarice

https://doi.org/10.1007/978-981-10-6439-5behavioral economics; neuroeconomics; economics of happiness; culture and identity; normative economics;

确定方向

978-981-13-4878-5Springer Nature Singapore Pte Ltd. 2017

Bother

doxazosin

Moshe Nazarathy,Rakefet WeidenfeldThe chapter explains the expected utility hypothesis as a useful theory of decisions under uncertainty in traditional economics. There have been paradoxes, found in experiments and hypothetical surveys that cannot possibly be explained by the expected utility hypothesis.

Infinitesimal

,Triggers for Users’ Behaviours,This chapter explains prospect theory, which modifies expected utility theory in important ways. Prospect theory can be consistent with economic behaviors that cannot be explained by the expected utility theory such as those in the Allais Paradox.