Behavioural Economics And Finance

Author: Michelle Baddeley Categories: Business, Educational Published: 2019 Pages: 354 Language: English Format: PDF Tags: Economic Theory | Experimental Economics | Finance | Financial Markets | Download Book Read Online

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Books | Business | Behavioural Economics And Finance

Excerpt :

Some would argue that all economics is behavioral economics because economics is about behavior, albeit in a restricted context.

Others would define behavioral economics very narrowly as the study of observed behavior under controlled conditions, without inferring too much about the underlying, unobservable psychological processes that generate behavior.

Overall, the clearest way to describe it is as a subject that brings together economic insights about preferences and decision-making with broader principles of behavior from a range of other social, behavioral and biological sciences.

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