Monday, April 12, 2010

Behavioural Economics Reading List

Thanks for iterations so far everyone. One more iteration. No harm in giving this one more bash. 

Ainslie, G. (2001). Breakdown of Will. Cambridge: Cambridge University Press.

Akerlof, G. A. and Kranton, R.E. (2010). Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being. Princeton, NJ: Princeton University Press.

Akerlof, G.A. & Shiller, R.J. (2009). Animal Spirits: How Human Psychology Drives the Economy, and Why it Matters for Global Capitalism. Princeton ; Oxford : Princeton University Press.

Ariely, D. (2008). Predictably Irrational: the Hidden Forces that Shape our Decisions. London: HarperCollins Pub. (Details much of Ariely’s experimental work.)

Bardsley, N., Cubitt, R., Loomes, G., Moffatt, P., Starmer, C., and Sugden, R. (2009). Experimental Economics: Rethinking the Rules. Princeton: Princeton University Press.

Binmore, K. (2009). Rational Decisions. Princeton; Oxford: Princeton University Press.

Brafman, O., & Brafman, R. (2008) Sway: The Irresistible Pull of Irrational Behaviour. New York: Doubleday.

Camerer, C.F., Loewenstein, G., and Rabin, M. (2004). Advances in Behavioral Economics. Princeton, NJ: Princeton University Press. (Still the best for me in the relatively recent field)

Camerer, C. F. (2003). Behavioral GameTheory: Experiments in Strategic Interaction. New York: Russell Sage Foundation.

Diamond, P. and Vartiainen, H. (Eds). (2007). Behavioral Economics and its Applications. Princeton: Princeton University Press.

Elster, J. (2007). Explaining Social Behavior: More Nuts and Bolts for the Social Sciences. Cambridge: Cambridge University Press.

Elster, J. (1985). Ulysses and the Sirens: Studies in Rationality and Irrationality. Cambridge: Cambridge University Press.

Forbes, W. (2009). Behavioural Finance. Chichester: John Wiley. (This is a real cracker of a text-book)

Frey, B., & Stutzer, A. (2007). Economics and Psychology: A Promising New Cross-Disciplinary Field. Cambridge, Mass: MIT Press.

Friedman, D. (2008). Morals and Markets: an Evolutionary Account of the Modern World. Palgrave Macmillan, New York.

Gilovich, T., Griffin, D., and Kahneman, D (Eds.) (2002). Heuristics and Biases: The Psychology of Intuitive Judgement. Cambridge: Cambridge University Press.

Gintis, H., Bowles, S., Boyd, R., and Fehr, E. (2005). Moral Sentiments and Material Interests: the Foundations of Cooperation in Economic Life. Cambridge, Mass.; London: MIT Press.

Gintis, H. (2009). The Bounds of Reason: Game Theory and the Unification of the Behavioral Sciences. Princeton: Princeton University Press.

Guala, F. (2005). The Methodology of Experimental Economics. Cambridge: Cambridge University Press.

Kagel, J., and Roth, A. (1995). The Handbook of Experimental Economics. Princeton: Princeton University Press.

Kahneman, D., Slovic, P., & Tversky, A. (Eds). (1982). Judgement Under Uncertainty: Heuristics and Biases. Cambridge: Cambridge University Press. (A classic)

Kahneman, D and Tversky, A. (Eds). (2000). Choices, Values, and Frames. Cambridge University Press and Russell Sage Foundation.

Lichtenstein, S. and Slovic, P. (2006). The Construction of Preference. Cambridge: Cambridge University Press.

Loewenstein, G. (2007). Exotic Preferences: Behavioral Economics and Human Motivation. Oxford: Oxford University Press.

Lunn, P. (2008). Basic Instincts: Human Nature and the New Economics. London: Marshall Cavendish.

Montier, J. (2002). Behavioural Finance: Insights into Irrational Minds and Markets. Chichester: John Wiley.

Newall, A. and Simon, H. (1972). Human Problem Solving. Englewood Cliffs; Hemel Hempstead: Prentice-Hall.

Shiller, R. (2000). Irrational Exuberence. Princeton, NJ: Princeton University Press.

Thaler, R.H., and Sunstein, C.R. (2008). Nudge: Improving Decisions about Health, Wealth, and Happiness. New Haven, Conn: Yale University Press.

Thaler, R.H. (1991). Quasi Rational Economics. New York: Russell Sage Foundation.

Wilkinson, N. (2007). An Introduction to Behaviorial Economics. Basingstoke: Palgrave Macmillan.

Zak, P. (2008). Moral Markets : the Critical Role of Values in the Economy. Princeton; Oxford: Princeton University Press.


2 comments:

Stuart Shaw said...

Hi,
This is a great list. I'm not a student (sorry), but you mind if I point some of our users to your list? I help run a human capital forum in the UK, and we are building a behavioural finance tribe who would welcome a further reading list, as well as a blog about the subject? Our website is HubCap Digital www.hubcapdigital.com if you want to check us out. Stuart

Liam Delaney said...

An upcoming one:

http://bit.ly/a66xJ2