| Description |
1 online resource (xiii, 270 pages) : illustrations |
| Series |
IEA conference volume ; no. 142 |
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IEA conference volume (Palgrave Macmillan (Firm)) ; no. 142.
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| Contents |
Introduction / B. Agarwal & A. Vercelli -- PART 1: ANALYTICAL MODELS AND METHODOLOGICAL ISSUES -- Self-Confidence and Personal Motivation / R. Benabou & J. Tirole -- Rationality, Learning and Complexity / A. Vercelli -- Altruism: Evolution and a Repercussion / O. Stark, Y.Q. Wang & Y. Wang -- Human Reproduction and Utility Functions: An Evolutionary Approach / A. Vasin -- Moral Hazard, Contracts and Social Preferences: A Survey / F. Englmaier -- Mutual Concern, Workplace Relationships and Pay Scales / O. Chillemi -- PART 2: LABORATORY AND FIELD EXPERIMENTS -- Expectations and the Effects of Money Illusion / E. Fehr & J-R. Tyran -- Utility-Based Altruism: Evidence from Experiments / F. Bolle & A. Kritikos -- Equity Judgements Elicited through Experiments: An Econometric Examination / J. Jungeilges & T. Theisen -- Groups, Commons and Regulations: Experiments with Villagers and Students in Columbia / J-C. Cardenas |
| Summary |
Economics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conception of rationality and self-interest maximization. The studies in this volume, some focused on analytical models and methodology, others on laboratory and field experiments, challenge standard economic assumptions - in particular the assumption of Homo economicus - and provide novel and complex understandings of human motivation and economic decision-making. They cover a wide range of aspects, including the role of self confidence, learning, altruism, inequality aversion, money illusion and notions of justice and fairness in explaining economic behaviour in a variety of contexts - the family, the community and the workplace. On the one hand, the contributors provide extensions, developments, and new proofs of psychological ideas by using the tools of economics (game theory, principal-agent theory, inter-temporal maximization, and so on). On the other hand, these studies have the potential for influencing other disciplines, thus progressively broadening the scope of inter-disciplinary exchange. Some even view this ongoing process of innovation in economic theory as a paradigmatic shift. With a pioneering introduction by the book's two editors, this volume brings together exciting new contributions to a field that is rapidly growing in influence and reach |
| Notes |
Revised versions of papers presented at the Thirteenth World Congress of the International Economic Association, held at the Centro Cultural de Belém in Lisbon, Portugal, Sept. 9-13, 2002 |
| Bibliography |
Includes bibliographical references |
| Notes |
Print version record |
| Subject |
Economics -- Psychological aspects -- Congresses
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Choice (Psychology) -- Congresses
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Rational choice theory -- Congresses
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Altruism -- Economic aspects -- Congresses
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Decision making -- Congresses
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Experimental psychology.
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Microeconomics.
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BUSINESS & ECONOMICS -- Economics -- Theory.
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Psychology.
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Altruism -- Economic aspects
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Choice (Psychology)
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Decision making
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Economics -- Psychological aspects
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Rational choice theory
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Economisch gedrag.
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Consumentengedrag.
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Psychologische aspecten.
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Zelf.
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| Genre/Form |
Conference papers and proceedings
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| Form |
Electronic book
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| Author |
Agarwal, Bina
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Vercelli, Alessandro
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| ISBN |
9780230522343 |
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0230522343 |
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