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Elgar Encyclopedia of Behavioural and Experimental Economics
This Encyclopedia presents a comprehensive account of the complementary forces of behavioural economics, a novel field combining psychological insights with analytical economic thinking and experimental economics.
More Information
Critical Acclaim
Contents
More Information
This Encyclopedia presents a comprehensive account of the complementary forces of behavioural economics, a novel field combining psychological insights with analytical economic thinking and experimental economics.
Addressing key topics and pioneering research in the field, entries are written by a wealth of leading scholars as well as government and industry practitioners. In addition to key academic topics, they cover new issues arising from the increasing popularity of behavioural insights in academia, business and policy. The Elgar Encyclopedia of Behavioural and Experimental Economics offers a multidimensional approach to this unique area of research which combines scholarly thought across many disparate fields.
Key Features:
● Discusses the ethics and academic practice of behavioural economics
● Explores applications of behavioural economics in relation to current political, economic and social issues
● Provides a range of bibliometric, biographic, historical and practitioner accounts of behavioural economics
● 120 entries summarise the latest research in the field, including topics such as individual differences and personality disorders
The Elgar Encyclopedia of Behavioural and Experimental Economics is an essential read for students, researchers and academics in the fields of economics, business and management, psychology, political science and law. It is also an invaluable reference for practitioners and industry stakeholders.
Addressing key topics and pioneering research in the field, entries are written by a wealth of leading scholars as well as government and industry practitioners. In addition to key academic topics, they cover new issues arising from the increasing popularity of behavioural insights in academia, business and policy. The Elgar Encyclopedia of Behavioural and Experimental Economics offers a multidimensional approach to this unique area of research which combines scholarly thought across many disparate fields.
Key Features:
● Discusses the ethics and academic practice of behavioural economics
● Explores applications of behavioural economics in relation to current political, economic and social issues
● Provides a range of bibliometric, biographic, historical and practitioner accounts of behavioural economics
● 120 entries summarise the latest research in the field, including topics such as individual differences and personality disorders
The Elgar Encyclopedia of Behavioural and Experimental Economics is an essential read for students, researchers and academics in the fields of economics, business and management, psychology, political science and law. It is also an invaluable reference for practitioners and industry stakeholders.
Critical Acclaim
‘This Encyclopedia features contributions from renowned and emerging scholars worldwide. It provides a rich tapestry of perspectives from academic research, and also policy and practice. It brilliantly captures the diversity and depth of our field and makes complex concepts accessible and engaging. It will be an essential reference for researchers, practitioners and students.’
– Robert Slonim, University of Technology Sydney, Australia
– Robert Slonim, University of Technology Sydney, Australia
Contents
Contents
Foreword: Behavioural and experimental economics – complementary forces that will continue to change the world xiv
Acknowledgements xix
1 Adaptive explanations to behavioural findings 1
Lionel Page
2 Affective relationships: role, dynamics, and modelling 4
Frans van Winden
3 Affirmative action 9
Edwin Ip
4 Allais paradox, certainty effect, and zero effect 13
Elif Incekara-Hafalir and Jack Stecher
5 Ambiguity and ambiguity attitudes 16
Jayant Ganguli
6 An historical definition of behavioural economics: old/new behavioural economics and its relationship to experimental economics 19
Truc Alexandre
7 Asset market experiments and price bubbles 23
Daniel Q. Harper and Charles A. Holt
8 Background risk and risk-tolerance 25
Marc Willinger
9 Bargaining and negotiation 28
Daniel Read
10 Behaviour and violent conflict exposure 32
Enrique Fatas and Lina Restrepo-Plaza
11 Behavioural approaches to oligopoly 35
Henrik Orzen
12 Behavioural business ethics 38
Gari Walkowitz and Matthias Uhl
13 Behavioural business: doing behavioural science in the business school 41
Robert Hoffmann
14 Behavioural cliometrics 46
Ahmed Skali and Benno Torgler
15 Behavioural cultural economics 49
Bronwyn Coate and Robert Hoffmann
16 Behavioural development economics 52
Utteeyo Dasgupta and Pushkar Maitra
17 Behavioural economic games to study trust and trustworthiness 55
Ananish Chaudhuri
18 Behavioural economics as a tool for exploring social dysfunction in personality disorder 58
Haang Jeung-Maarse and Christiane Schwieren
19 The behavioural economics of gambling 63
Lisa Farrell
20 The behavioural economics of political indoctrination 67
Gigi Foster
21 The behavioural economics of religion 71
Loukas Balafoutas
22 Behavioural ethics of Artificial Intelligence 75
Bernd Irlenbusch, Nils Köbis and Rainer Michael Rilke
23 Behavioural ethics of technology 79
Matthias Uhl and Gari Walkowitz
24 Behavioural finance 82
Sascha Füllbrunn and Sven Nolte
25 Behavioral household economics 84
Astrid Hopfensitz and Alistair Munro
26 Behavioural insights in the private sector 87
William Mailer
27 Behavioural market design: an overview 91
Axel Ockenfels and Alex Rees-Jones
28 Behavioural monetary policy 94
Michelle Baddeley
29 Behavioural political economy 97
Shaun P. Hargreaves Heap
30 Behavioural public policy 99
Chiara Varazzani and Cale Hubble
31 Behavioural science in business 103
Richard Chataway
32 Belief elicitation 105
Charles A. Holt and Angela M. Smith
33 Beyond the absence of gains from trade: 108
Edward Halim and Yohanes E. Riyanto
34 Big robber game 112
andarlos Alós-Ferrer
35 Bounded rationality versus the heuristics and biases/nudging approaches to behavioural economics 115
Morris Altman
36 Bringing behavioural science to compliance 119
Christian Hunt
37 Can physical attributes predict human behaviour? 121
Brit Grosskopf
38 Choice bracketing 125
Daniel Read and Richard Mills
39 Coordination and focal points 129
Andrea Isoni
40 Deadlines and procrastination 132
Stephen Knowles and Maroš
Foreword: Behavioural and experimental economics – complementary forces that will continue to change the world xiv
Acknowledgements xix
1 Adaptive explanations to behavioural findings 1
Lionel Page
2 Affective relationships: role, dynamics, and modelling 4
Frans van Winden
3 Affirmative action 9
Edwin Ip
4 Allais paradox, certainty effect, and zero effect 13
Elif Incekara-Hafalir and Jack Stecher
5 Ambiguity and ambiguity attitudes 16
Jayant Ganguli
6 An historical definition of behavioural economics: old/new behavioural economics and its relationship to experimental economics 19
Truc Alexandre
7 Asset market experiments and price bubbles 23
Daniel Q. Harper and Charles A. Holt
8 Background risk and risk-tolerance 25
Marc Willinger
9 Bargaining and negotiation 28
Daniel Read
10 Behaviour and violent conflict exposure 32
Enrique Fatas and Lina Restrepo-Plaza
11 Behavioural approaches to oligopoly 35
Henrik Orzen
12 Behavioural business ethics 38
Gari Walkowitz and Matthias Uhl
13 Behavioural business: doing behavioural science in the business school 41
Robert Hoffmann
14 Behavioural cliometrics 46
Ahmed Skali and Benno Torgler
15 Behavioural cultural economics 49
Bronwyn Coate and Robert Hoffmann
16 Behavioural development economics 52
Utteeyo Dasgupta and Pushkar Maitra
17 Behavioural economic games to study trust and trustworthiness 55
Ananish Chaudhuri
18 Behavioural economics as a tool for exploring social dysfunction in personality disorder 58
Haang Jeung-Maarse and Christiane Schwieren
19 The behavioural economics of gambling 63
Lisa Farrell
20 The behavioural economics of political indoctrination 67
Gigi Foster
21 The behavioural economics of religion 71
Loukas Balafoutas
22 Behavioural ethics of Artificial Intelligence 75
Bernd Irlenbusch, Nils Köbis and Rainer Michael Rilke
23 Behavioural ethics of technology 79
Matthias Uhl and Gari Walkowitz
24 Behavioural finance 82
Sascha Füllbrunn and Sven Nolte
25 Behavioral household economics 84
Astrid Hopfensitz and Alistair Munro
26 Behavioural insights in the private sector 87
William Mailer
27 Behavioural market design: an overview 91
Axel Ockenfels and Alex Rees-Jones
28 Behavioural monetary policy 94
Michelle Baddeley
29 Behavioural political economy 97
Shaun P. Hargreaves Heap
30 Behavioural public policy 99
Chiara Varazzani and Cale Hubble
31 Behavioural science in business 103
Richard Chataway
32 Belief elicitation 105
Charles A. Holt and Angela M. Smith
33 Beyond the absence of gains from trade: 108
Edward Halim and Yohanes E. Riyanto
34 Big robber game 112
andarlos Alós-Ferrer
35 Bounded rationality versus the heuristics and biases/nudging approaches to behavioural economics 115
Morris Altman
36 Bringing behavioural science to compliance 119
Christian Hunt
37 Can physical attributes predict human behaviour? 121
Brit Grosskopf
38 Choice bracketing 125
Daniel Read and Richard Mills
39 Coordination and focal points 129
Andrea Isoni
40 Deadlines and procrastination 132
Stephen Knowles and Maroš