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Behavioural Economics Psychology, neuroscience, and the human side of economics Empty Behavioural Economics Psychology, neuroscience, and the human side of economics

Dom Ene 31, 2021 8:13 pm

Behavioural Economics Psychology, neuroscience, and the human side of economics 1016d41fed717c4d739bf13dec87a7ff
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Behavioural Economics Psychology, neuroscience, and the human side of economics
epub | 284.22 KB | English | Isbn:B08P45TKMS |
Author: David Orrell | PAge: 157 | Year: 2021

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Description:

The controversial science that claims to have revolutionised economics.

For centuries, economics was dominated by the idea that we are rational individuals who optimise our own 'utility'. Then, in the 1970s, psychologists demonstrated that the reality is a lot messier. We don't really know what our utility is, and we care about people other than ourselves. We are susceptible to external nudges. And far from being perfectly rational we are prone to 'cognitive biases' with complex effects on decision-making, such as forgetting to prepare for retirement.

David Orrell explores the findings from psychology and neuroscience that are shaking up economics - and that are being exploited by policy-makers and marketers alike, to shape everything from how we shop for food, to how we tackle societal happiness or climate change. Finally, he asks: is behavioural economics a scientific revolution, or just a scientific form of marketing?

Category:Consumer Behavior, Social Psychology & Interactions, Marketing & Consumer Behavior


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