In response to a few requests to recommend some good books on behavioural economics, below is a very incomplete list. As usual, feel free to add to this. Ill put up another list soon.
“Judgement Under Uncertainty: Heurisics and Biases” is a classic
http://www.amazon.com/Judgment-under-Uncertainty-Heuristics-Biases/dp/0521284147/ref=pd_sim_b_6
“Advances in Behavioural Economics” is still the best for me in the relatively recent field
http://www.amazon.com/Advances-Behavioral-Economics-Roundtable/dp/0691116822
“Nudge” is the recent work by Thaler and Sunstein that has created a great deal of discussion
http://www.amazon.com/Judgment-under-Uncertainty-Heuristics-Biases/dp/0521284147/ref=pd_sim_b_6
Ariely’s “Predictably Irrational” details much of his experimental work
http://www.amazon.com/Predictably-Irrational-Hidden-Forces-Decisions/dp/006135323X/ref=pd_sim_b_5
Camerer’s “behavioural game theory” is a tougher trip but worth it
http://www.amazon.com/Behavioral-Game-Theory-Experiments-Interaction/dp/0691090394/ref=pd_sim_b_1
Exotic Preferences by Lowenstein is a great overview of his and others work on preference formation, emotion and decision making
http://www.amazon.com/Exotic-Preferences-Behavioral-Economics-Motivation/dp/0199257086/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1218108620&sr=8-1
Frey and Stutzer’s book on economics and psychology is below
http://www.amazon.com/Economics-Psychology-Promising-Cross-Disciplinary-Seminar/dp/0262062631/ref=pd_sim_b_4
On the Irish front, Peter Lunn has recently a book lately called Basic Instincts
http://www.amazon.co.uk/Basic-Instincts-Human-Nature-Economics/dp/0462099202
The BBC also has a good selection of recommended books this week:
ReplyDeleteWhat's your boss reading?
http://news.bbc.co.uk/2/hi/uk_news/magazine/7540649.stm
"Your boss may be about to return from holiday, possibly fired up with some fresh and funky thinking picked up through their summer reading. If that's the case, here's some help on staying one step ahead. David Cameron has set a reading list of 38 non-fiction books for Conservative MPs to work through on their sun-loungers... Recent years have seen a spate of books marketed at managers, often from the worlds of "behavioural economics" and pop psychology, and yours may be the latest to enthuse about nudges, tipping points, wikinomics, or - for those behind the curve - long tails."
The BBC article takes a slightly cynical view of many of the tomes that are popular, but of course, many are worth reading, and there is plenty to be gained from looking at the recommendations on Liam's list.
Just to get the end of the link, include:
ReplyDeletemagazine/7540649.stm
The story is also flashing up in the Google-generated news stories at the bottom of the blog.