Thursday, August 07, 2008

Behavioural Economics Books

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

2 comments:

Anonymous said...

The BBC also has a good selection of recommended books this week:

What'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.

Anonymous said...

Just to get the end of the link, include:
magazine/7540649.stm

The story is also flashing up in the Google-generated news stories at the bottom of the blog.