
Misbehaving
The Making of Behavioural Economics
$25.98
- Paperback
432 pages
- Release Date
18 July 2016
Summary
The renowned behavioural economist exposes the irrational tendencies in our thinking and illuminates the way to make clear, logical decisions.
Why are we more likely to forgo the opportunity to sell a £100 bottle of wine rather than actually taking money out our wallet to pay for it, when ultimately the ‘opportunity cost’ of doing so is the same? Why would the ‘endowment effect’ mean that we value a free ticket worth hundreds of pounds more than the money we would get from selling it?…
Book Details
| ISBN-13: | 9780241951224 |
|---|---|
| ISBN-10: | 0241951224 |
| Author: | Richard H. Thaler |
| Publisher: | Penguin Books Ltd |
| Imprint: | Penguin Books Ltd |
| Format: | Paperback |
| Number of Pages: | 432 |
| Release Date: | 18 July 2016 |
| Weight: | 322g |
| Dimensions: | 197mm x 129mm x 26mm |
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What They're Saying
Critics Review
Wildly disruptive
Wildly disruptive – Michael Lewis * Bloomberg *
Gripping… a novelised intellectual history, replete with heroes and villains, triumphs and disasters, conflicts and comradeship… Thaler is a brilliant scholar, endlessly curious, empirically inclined and public spirited * Guardian *
Misbehaving gives us the story behind some of the most important insights in modern economics. If I had to be trapped in an elevator with any contemporary intellectual, I’d pick Richard Thaler – Malcolm Gladwell
A long, genial, often humorous account of the progress of Behavioural Economics by one of its most gifted practitioners. Kahneman has described Thaler as lazy; he meant it as a compliment because Thaler’s laziness means he concentrates only on the really important questions that get him out of bed in the morning… this is important stuff – Bryan Appleyard * Sunday Times *
Robust enough intellectually to be a serious work of social science and a proper record of an important intellectual movement, Misbehaving is also fun for the general reader… a good book about an important topic – Daniel Finkelstein * The Times *
Professor Thaler’s entertaining book provides an important reminder of both the challenges and opportunities that come from working across the sometimes artificial boundaries between academic disciplines – Jonathan A. Knee * New York Times *
About The Author
Richard H. Thaler
Richard H. Thaler is the Ralph and Dorothy Keller Distinguished Service Professor of Behavioral Science and Economics and the director of the Center for Decision Research at the University of Chicago’s Graduate School of Business. He was awarded the Nobel Prize in Economics in 2017.
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