Behavioral Economics and Its Applications by Diamond, Peter -- Read -- Imperial Library of Trantor

Index

Cover Half title Title Copyright Contents Foreword List of Contributors Chapter One Introduction Chapter Two Behavioral Public Economics: Welfare and Policy Analysis with Nonstandard Decision-Makers

2.1 Introduction 2.2 Conceptualizing and Measuring Welfare 2.3 Saving 2.4 Addiction 2.5 Public Goods 2.6 The Road Ahead

Comment by Nicholas Stern Comment by Emmanuel Saez

Chapter Three Psychology and Development Economics

3.1 Introduction 3.2 Immediate Barriers to Education 3.3 Demand for Commitment, Default Settings, and Savings 3.4 Defaults and Financial Institutions 3.5 Status Quo Bias and Diffusion of Innovations 3.6 Self-Serving Bias and Evaluation 3.7 Interesting Further Directions 3.8 Concluding Observations

Comment by Anne Case

Chapter Four Behavioral Law and Economics

4.1 Introduction 4.2 The Endowment Effect in Behavioral Economics and Behavioral Law and Economics 4.3 The Modern Domain of Behavioral Law and Economics 4.4 Illustrative Applications of Behavioral Law and Economics 4.5 Debiasing through Law 4.6 Conclusion

Comment by Ian Ayres Comment by Christoph Engel

Chapter Five Fairness, Reciprocity, and Wage Rigidity

5.1 Introduction 5.2 Are Wages and Salaries Downwardly Rigid? 5.3 Evidence from Surveys by Economists 5.4 Evidence from Experimental Economics 5.5 Evidence from Organizational Psychology and Managerial Science 5.6 Conclusion

Comment by Seppo Honkapohja

Chapter Six Behavioral Economics and Health Economics

6.1 Introduction and Background 6.2 Models of Physician Behavior 6.3 Health-Care Demand and Insurance 6.4 Final Observations

Comment by Jacob Glazer Comment by Botond Koszegi

Chapter Seven Behavioral Economics of Organizations

7.1 Introduction 7.2 Complicating the Single-Agent Risk-Incentive Model 7.3 Workers as Members of Multi-Agent Firms 7.4 Top Managers and Corporate Finance 7.5 Implications for Corporate Governance 7.6 Organizational Reactions: Sorting, Repairs, and Exploitation 7.7 Conclusion

Comment by Michael D. Cohen

Chapter Eight Wrap-Up Panel

8.1 The Problematic Content and Context of Decisions: Comment by Eldar Shafir 8.2 Comment by Jean Tirole 8.3 Comment by Timothy D. Wilson 8.4 Comment by Peter Diamond 8.5 General Discussion

Index