02531nam a2200301 a 4500 820 MYCC 20260806093405.0 260804s2023 enka b 000 0 eng d 9781009209205 paperback 9781009209199 hardback YDX eng YDX rda UKMGB OCLCF YDX CDX XII MUU DI MYCC 23 330.019 330.019 PAG Page, Lionel, author. Optimally Irrational : The Good Reasons We Behave the Way We Do / Lionel Page, University of Queensland. Cambridge ; New York, NY : Cambridge University Press , 2023. ©2023 xiv, 306 pages : illustrations ; 23 cm rdacontent text rdamedia unmediated rdacarrier volume Includes bibliographical references (pages 281-306). Part I. Setting the scene. The homo economicus model -- The psychology of biases in human behaviour -- The logic of a scientific revolution in economics -- Evolution and the logic of optimisation -- Part II. Individual decisions. Rules of thumb and gut feelings -- Reference points and aversion to losses -- Sensitivity to probability -- The randomness of choices -- Impatience -- Part III. Social interactions. Kindness and reciprocity -- Emotions and commitment -- Social identity -- Impression management -- Selection of delusion -- Part IV. Epilogue. Rationality? "For a long time, economists have assumed that we were cold, self-centred, rational decision makers - so-called Homo economicus; the last few decades have shattered this view. The world we live in and the situations we face are of course rich and complex, revealing puzzling aspects of our behaviour. Optimally Irrational argues that our improved understanding of human behaviour shows that apparent 'biases' are good solutions to practical problems - that many of the 'flaws' identified by behavioural economics are actually adaptive solutions. Page delivers an ambitious overview of the literature in behavioural economics and, through the exposition of these flaws and their meaning, presents a sort of unified theory of behaviouralism, cognitive psychology and evolutionary biology. He gathers theoretical and empirical evidence about the causes of behavioural 'biases' and proposes a big picture of what the discipline means for economics."-- Provided by publisher. Economics Psychological aspects. ddc 0 BK 0 0 ddc 0 0 MYCCLIB MYCCLIB GEN 2026-08-04 1 330.019 PAG 2023 11339 2026-10-05 2026-09-21 16:15:17 2026-09-21 2026-08-04 BK 0 0 ddc 0 0 MYCCLIB MYCCLIB REF 2026-08-04 0 330.019 PAG 2023 REF 11338 2026-08-04 17:11:39 2026-08-04 REF 820 820