Social Preferences: An Introduction to Behavioural Economics and Experimental Research

Behavioural economics uses experiments to understand economic decision-making, such as bargaining games, trust games, and public good games. Factors like punishment, sanctioning, emotion, cooperation, reciprocity, leadership, framing, and cross-cultural differences are demonstrated and explained, with students provided with the understanding and resources to replicate the experiments.

\n Format: Paperback / softback
\n Length: 210 pages
\n Publication date: 30 September 2021
\n Publisher: Agenda Publishing
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This comprehensive introduction to a fundamental aspect of behavioral economics delves into the realm of social preferences, elucidating in straightforward and accessible language how behavioral economists have employed a series of experiments to unravel the intricacies of economic decision-making processes. These experiments encompass bargaining games, trust games, and public good games, among others. By highlighting the importance of factors such as punishment, sanctioning, emotion, cooperation, reciprocity, leadership, framing, and cross-cultural differences, this text equips students with the knowledge and tools necessary to replicate these experiments themselves. Through a systematic exploration of these experiments, students gain a deeper understanding of the underlying mechanisms that drive human behavior in economic contexts, fostering a more nuanced and informed perspective on economic decision-making.

\n Weight: 338g\n
Dimension: 156 x 235 x 20 (mm)\n
ISBN-13: 9781788214179\n \n