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008 260804s2023 enka b 000 0 eng d
020 _a9781009209205
_qpaperback
020 _a9781009209199
_qhardback
040 _aYDX
_beng
_cYDX
_erda
_dUKMGB
_dOCLCF
_dYDX
_dCDX
_dXII
_dMUU
_dDI
_dMYCC
082 0 4 _223
_a330.019
090 0 0 _a330.019
_dPAG
100 1 _aPage, Lionel,
_eauthor.
245 1 0 _aOptimally Irrational :
_bThe Good Reasons We Behave the Way We Do /
_cLionel Page, University of Queensland.
264 1 _aCambridge ;
_aNew York, NY :
_bCambridge University Press ,
_c2023.
264 4 _c©2023
300 _axiv, 306 pages :
_billustrations ;
_c23 cm
336 _2rdacontent
_atext
337 _2rdamedia
_aunmediated
338 _2rdacarrier
_avolume
504 _aIncludes bibliographical references (pages 281-306).
505 0 _aPart 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?
520 _a"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.
650 0 _aEconomics
_xPsychological aspects.
942 _2ddc
_n0
_cBK
999 _c820
_d820