George Loewenstein is one of the pioneers of the rapidly growing field of behavioral economics. For over twenty years he has been working at the intersection of economics and psychology and is one of the few people of whom it can be said that their work is equally respected and well known within both disciplines. This book brings together a selection of his papers focusing on what he calls ‘exotic preferences’-- the disparate motives that drive human behavior. Inaddition to covering the history and methodology of behavioral economics, they also touch on a wide range of fascinating topics such as the motives that drive extreme athletes, our propensity to want to get unpleasant experiences outof the way so we can focus on the more pleasant, and the psychology of curiosity. There are also papers on social preferences, discussing the importance ofperceptions of fairness in interpersonal interactions, intertemporal choice--the tradeoffs between costs and benefits occurring at different points in time-- and the impact of emotion on economic decision making. An original introduction outlines Loewenstein's general approach to research, and there are shortintroductions to each paper outlining briefly when, how and why they came to be written, providing a fascinating and vivid insight into the process of intellectual creativity. INDICE: Introduction , George Loewenstein. General Perspectives, History, and Methods. 1. Because it is There: The Challenge of Mountaineering...for Utility Theory , George Loewenstein. 2. The Economics of Meaning , George Loewenstein, Niklas Karlsson, and Jane McCafferty. 3. The Fall and Rise of Psychological Explanations in the Economics of Intertemporal Choice , George Loewenstein. 4. Adam Smith, Behavioral Economist , George Loewenstein, Nava Ashraf, and Colin F. Camerer. 5. Experimental Economics from the Vantage-point of Behavioral Economics , George Loewenstein. 6. The Psychology of Curiosity: A Review andReinterpretation , George Loewenstein. Social Preferences. 7. Social Utility and Decision Making in Interpersonal Contexts , George Loewenstein, Max H. Bazerman, and Leigh Thompson. 8. Explaining the Bargaining Impasse: The Role of Self-Serving Biases , George Loewenstein and Linda Babcock. Basic Research on Preferences. 9. Preference Reversals Between Joint and Seperate Evaluations of Options: A Review and Theoretical Analysis , George Loewenstein, Max H. Bazerman, Sally Blount, and Christopher K. Hsee. 10. ‘Coherent Arbitrariness’: Stable Demand Curves Without Staple Preferences , George Loewenstein, Dan Ariely, and Drazen Prelec. Predicting Tastes and Feelings. 11. A Bias in the Predictionof Tastes , George Loewenstein and Daniel Adler. 12. Mispredicting the Endowment Effect: Understimation of owners' selling prices by buyer's agents , George Loewenstein, Leaf Van Boven, and David Dunning. 13. Projection Bias in Predicting Future Utility , George Loewenstein, Ted O'Donoghue, and Matthew Rabin. Intertemporal Choice. 14. Anticipation and the Valuation of Delayed Consumption , George Loewenstein. 15. Anomalies in Intertemporal Choice: Evidence and anInterpretation , George Loewenstein and Drazen Prelec. 16. Preferences for Sequences of Outcomes , George Loewenstein and Drazen Prelec. 17. The Red and the Black: Mental Accounting of Savings and Debt , George Loewenstein and DrazenPrelec. Emotions. 18. Out of Control: Visceral Influences on Behavior , George Loewenstein. 19. Risk as Feelings , George Loewenstein, Christopher K. Hsee,Elke U. Weber, and Ned Welch. 20. Investment Behavior and the Dark Side of Emotion , George Loewenstein, Baba Shiv, Antoine Bechara, Hanna Damasio, and Antonio Damasio. 21. Heart Strings and Purse Strings: Carryover Effects of Emotions on Economic Decisions , George Loewenstein, Jennifer Lerner, and Deborah Small. 22. Separate Neural Systems Value Immediate and Delayed Monetary Rewards , George Loewenstein, Jonathan D. Cohen, David I. Laibson, and Samuel M. McClure
- ISBN: 978-0-19-925708-9
- Editorial: OXFORD UNIVERSITY PRESS.
- Encuadernacion: Rústica
- Páginas: 688
- Fecha Publicación: 01/07/2008
- Nº Volúmenes: 1
- Idioma: Inglés