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v. t. e. Behavioral economics is the study of the psychological and cognitive factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory. [ 1 ][ 2 ] Behavioral economics is primarily concerned with the bounds of rationality of economic agents.
Daniel Kahneman (/ ˈ k ɑː n ə m ə n /; Hebrew: דניאל כהנמן; March 5, 1934 – March 27, 2024) was an Israeli-American psychologist best known for his work on the psychology of judgment and decision-making as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences together with Vernon L. Smith.
Richard H. Thaler (/ ˈθeɪlər /; [ 1 ] born September 12, 1945) is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2015, Thaler was president of the American Economic Association. [ 2 ]
According to Choosing Therapy, “… financial trauma refers to the distress associated with chronic money-related stress, lack of resources, or financial abuse. These difficulties can overwhelm ...
Benartzi is the author of three books. His first book was Save More Tomorrow[10] —it focused on improving retirement outcomes by using behavioral insights. His second book, Thinking Smarter, outlined a new approach to reflecting on major life decisions and setting life goals. His most recent book is The Smarter Screen, which outlines the ...
Robert J. Shiller. Robert James Shiller (born March 29, 1946) [ 4 ] is an American economist, academic, and author. As of 2022, [ 5 ] he served as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management 's International Center for Finance. [ 6 ] Shiller has been a research associate of the National ...
United States of America. Media type. Print. ISBN. 978-0-393-08094-0 (Hardcover) Misbehaving: The Making of Behavioral Economics is a book by Richard Thaler, economist and professor at the University of Chicago 's Booth School of Business. [1] He won the Nobel Prize for Economics in 2017.
Dan Ariely (Hebrew: דן אריאלי; born April 29, 1967) is an Israeli-American professor and author. He serves as a James B. Duke Professor of psychology and behavioral economics at Duke University. He is the co-founder of several companies implementing insights from behavioral science. [1]
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