Exotic Preferences PDF Download

Author: George Loewenstein
Publisher: Oxford University Press
ISBN: 0199257078
Category : Business & Economics
Languages : en
Pages : 688

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Book Description
George Loewenstein analyses how individual preferences are formed, whether they can be predicted and the extent to which they are influenced by emotion rather than reason. These writings include the author's most influential papers on this intriguing topic.

Author: George Loewenstein
Publisher: Oxford University Press
ISBN: 0191531413
Category : Business & Economics
Languages : en
Pages :

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Book Description
George Loewenstein is one of the pioneers of the rapidly growing field of behavioral economics. For over twenty years he has been working at the intersection of economics and psychology and is one of the few people of whom it can be said that their work is equally respected and well known within both disciplines. This book brings together a selection of his papers focusing on what he calls "exotic preferences"— the disparate motives that drive human behavior. In addition to covering the history and methodology of behavioral economics, they also touch on a wide range of fascinating topics such as the motives that drive extreme athletes, our propensity to want to get unpleasant experiences out of the way so we can focus on the more pleasant, and the psychology of curiosity. There are also papers on social preferences, discussing the importance of perceptions of fairness in interpersonal interactions, intertemporal choice— the tradeoffs between costs and benefits occurring at different points in time— and the impact of emotion on economic decision making. An original introduction outlines Loewenstein's general approach to research, and there are short introductions to each paper outlining briefly when, how and why they came to be written, providing a fascinating and vivid insight into the process of intellectual creativity.

Author: Judith S. Weis
Publisher: Cambridge University Press
ISBN: 1316712486
Category : Science
Languages : en
Pages : 367

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Book Description
How does behaviour affect biological invasions? Can it explain why some animals are such successful invaders? With contributions from experts in the field, and covering a broad range of animals, this book examines the role of behaviour in biological invasions from the point of view of both invaders and native species. The chapters cover theoretical aspects, particularly relevant behaviours and well-documented case studies, showing that behaviour is critical to the success, and ecological and socio-economic impact, of invasive species. Its insights suggest methods to prevent and mitigate those impacts, and offer unique opportunities to understand the adaptive role of behaviour. Offering a comprehensive overview of current understanding on the subject, the book is intended for biological invasion researchers and behavioural ecologists, as well as ecologists and evolutionary biologists interested in how organisms deal with anthropogenic environmental changes such as climate change and habitat loss.

Author: Bairbre O'Malley
Publisher: Saunders Limited.
ISBN: 9780702027826
Category : Amphibians
Languages : en
Pages : 0

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Book Description
"This is the first in-depth textbook dealing solely with the comparative anatomy and physiology of exotic species. It is specifically written with the veterinary practitioner in mind to give a better understanding of the functioning of exotic species. It is heavily illustrated with clear line diagrams, radiographs and colour illustrations."--Jacket.

Author: Sanjit S. Dhami
Publisher: Oxford University Press
ISBN: 0198715528
Category : Business & Economics
Languages : en
Pages : 1799

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Book Description
It considers the evidence against the exponential discounted utility model and describes several behavioral models such as hyperbolic discounting, attribute based models and the reference time theory. Part IV describes the evidence on classical game theory and considers several models of behavioral game theory, including level-k and cognitive hierarchy models, quantal response equilibrium, and psychological game theory. Part V considers behavioral models of learning that include evolutionary game theory, classical models of learning, experience weighted attraction model, learning direction theory, and stochastic social dynamics. Part VI studies the role of emotions; among other topics it considers projection bias, temptation preferences, happiness economics, and interaction between emotions and cognition. Part VII considers bounded rationality. The three main topics considered are judgment heuristics and biases, mental accounting, and behavioral finance.

Author: Michael Mödl
Publisher: Springer Nature
ISBN: 3658315903
Category : Business & Economics
Languages : en
Pages : 207

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Book Description
Michael Mödl examines the impact and signaling effects of crowd-based start-up financing on subsequent venture capital funding rounds. The digital era has substantially expanded the entrepreneurial financing landscape and crowdfunding is emerging as a novel way for young innovative firms to secure scarce early-stage funding. As the evaluations of venture capitalists and business angels remain to be consequential for securing critical resources in later stages, questions on the interactions between new and traditional forms of venture financing arise. Drawing on choice experimental research designs the author provides causal empirical evidence that while “the crowd” is generally seen as a negative signal, it can generate certain positive signals which increase the likelihood of professional venture investors to consider crowdfunded start-ups for investment. The presented findings yield important implications for capital-seeking entrepreneurs, investors and public policy. Dr. Michael Maximilian Mödl completed his dissertation under supervision of Prof. Dietmar Harhoff, Ph.D. at Ludwig-Maximilians-Universität München and at the Max Planck Institute for Innovation and Competition.

Author: Michelle Baddeley
Publisher: Routledge
ISBN: 1136250085
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
Standard models in economics and finance usually assume that people are rational, self-interested maximisers, effectively co-ordinated via the invisible hand of the price mechanism. Whilst these approaches produce tractable, simple models, they cannot fully capture the uncertainties and instabilities that affect everyday choices in today’s complex world. Insights from the other social and behavioural sciences can help to fill the gap and behavioural economics is the subject which brings economics and finance together with psychology, neuroscience and sociology. Behavioural Economics and Finance introduces the reader to some of the key concepts and insights from this rich, inter-disciplinary approach to real-world decision-making.

Author: Alan Lewis
Publisher: Cambridge University Press
ISBN: 1108548784
Category : Psychology
Languages : en
Pages : 808

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Book Description
There has recently been an escalated interest in the interface between psychology and economics. The Cambridge Handbook of Psychology and Economic Behaviour is a valuable reference dedicated to improving our understanding of the economic mind and economic behaviour. Employing empirical methods - including laboratory and field experiments, observations, questionnaires and interviews - the Handbook provides comprehensive coverage of theory and method, financial and consumer behaviour, the environment and biological perspectives. This second edition also includes new chapters on topics such as neuroeconomics, unemployment, debt, behavioural public finance, and cutting-edge work on fuzzy trace theory and robots, cyborgs and consumption. With distinguished contributors from a variety of countries and theoretical backgrounds, the Handbook is an important step forward in the improvement of communications between the disciplines of psychology and economics that will appeal to academic researchers and graduates in economic psychology and behavioral economics.

Author: William Forbes
Publisher: John Wiley & Sons
ISBN: 0470028041
Category : Business & Economics
Languages : en
Pages : 467

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Book Description
Behavioural Finance builds on the knowledge and skills that students have already gained on an introductory finance or corporate finance course. The primary focus of the book is on how behavioural approaches extend what students already know. At each stage the theory is developed by application to the FTSE 100 companies and their valuation and strategy. This approach helps the reader understand how behavioural models can be applied to everyday problems faced by practitioners at both a market and individual company level. The book develops simple formal expositions of existing attempts to model the impact of behavioural bias on investor/managers' decisions. Where possible this is done grounding the discussion in practical, numerical, examples from the financial press and business life.

Author: Martha C. Pennington
Publisher: Hong Kong University Press
ISBN: 962209418X
Category : Language Arts & Disciplines
Languages : en
Pages : 467

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Book Description
This volume offers a view of the linguistic situation in Hong Kong in the final years of the twentieth century, as it enters the post-colonial era. In the chapters of this book, scholars from Hong Kong and around the world present a contemporary profile of Chinese, English, and other languages in dynamic interaction in this major international economic centre. Authors survey usage of different languages and attitudes towards them among students, teachers, and the general population based on census data, newpapers, language diaries, interviews, and questionnaires. They address issues of code-mixing, the shift from English-medium to Chinese-medium education, the place of Putonghua in the local language mix, and the language of minority groups such as Hong Kong Indians.This wide-ranging group of original studies provides a social and historical perspective from which to consider developments in language among the past, present, and future populations of Hong Kong.