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The Cambridge Handbook of Psychology and Economic Behaviour

2nd Edition

Part of Cambridge Handbooks in Psychology

Alan Lewis, Denis Hilton, Nick Bardsley, J. Michael Collins, Werner De Bondt, Karl-Erik Wärneryd, Daniel Read, Rebecca McDonald, Lisheng He, Matthew Sparkes, Julia Gumy, Brendan Burchell, Alex J. Wood, Bernadette Kamleitner, Eva Marckhgott, Erich Kirchler, Christopher Cowton, Aaron Ahuvia, Gerrit Antonides, Chris van Klaveren, Gordon R. Foxall, Jerome Olsen, Minjo Kang, Michael, Hallsworth, Lory Barile, John Cullis, Philip Jones, Tim Jackson, Carmen Smith, Goda Perlaviciute, Linda Steg, Ellen van der Werff, Paul C. Stern, Inga Wittenberg, Kimberly S. Wolske, Ingo Kastner, Tommy Gärling, Margareta Friman, Clive L. Spash, Hendrik Theine, Ifat Levy, Daniel Ehrlich, Detlef Fechtenhauer, Anne-Sophie Lang, Ulrich Wilt, Bruno Frey, Jana Gallus, David M. N. Garavito, Rebecca B. Weldon, Valerie Reyna, Russell Belk
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  • Date Published: February 2018
  • availability: Available
  • format: Paperback
  • isbn: 9781316613900

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About the Authors
  • 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.

    • Written by a variety of experts who come from different countries and backgrounds, including psychology, economics, finance and behavioural science
    • An accessible and inclusive resource that prioritises empirical studies
    • The majority of chapters in the second edition are entirely new; others have been significantly updated
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    Reviews & endorsements

    'Over recent decades, behavioural economists have provided significant insight into economic decision-making through empirical observation. The literature is vast and growing, which is why I highly recommendation this collection. The contributors are prominent scholars, including psychologists and economists. This Handbook has a central spot on my reference shelf.' Lucy F. Ackert, Kennesaw State University, Georgia

    'An excellent collection of work that reviews important recent interdisciplinary developments in psychology and economics. It not only serves as an able handbook for scholars, but also contributes valuable insights useful for policy-makers and practitioners alike.' Erte Xiao, Monash Business School, Melbourne

    'Methods used vary and include experimental, social surveys and questionnaires, interviews, neurological investigations, and qualitative and cultural analysis. Summing Up: Recommended. Lower-division undergraduates through faculty.' D. G. Ernsthausen, Choice

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    Product details

    • Edition: 2nd Edition
    • Date Published: February 2018
    • format: Paperback
    • isbn: 9781316613900
    • length: 794 pages
    • dimensions: 247 x 174 x 38 mm
    • weight: 3.46kg
    • contains: 36 b/w illus. 8 colour illus.
    • availability: Available
  • Table of Contents

    Introduction Alan Lewis
    Part I. Theory and Method:
    1. Theory and method in economics and psychology Denis Hilton
    2. What lessons does the 'replication crisis' in psychology hold for experimental economics? Nick Bardsley
    Part II. Finance:
    3. Looking into the future: how investors forecast the stock market J. Michael Collins, Werner De Bondt and Karl-Erik Wärneryd
    4. Speculative bubbles: insight from behavioral finance Werner De Bondt
    5. Intertemporal choice: choosing for the future Daniel Read, Rebecca McDonald and Lisheng He
    6. Debt: beyond Homo Economicus Matthew Sparkes, Julia Gumy and Brendan Burchell
    7. Unemployment and well-being Alex J. Wood and Brendan Burchell
    8. Money management in households Bernadette Kamleitner, Eva Marckhgott and Erich Kirchler
    9. Socially responsible investing Christopher Cowton
    Part III. Private Sector Consumer Behaviour and the Firm:
    10. Consumption, income and happiness Aaron Ahuvia
    11. Important non-materialistic factors in consumer decision making Gerrit Antonides and Chris van Klaveren
    12. An economic psychology of the marketing firm Gordon R. Foxall
    Part IV. Public Sector Consumer Behaviour:
    13. Tax psychology Jerome Olsen, Minjo Kang and Erich Kirchler
    14. New ways of understanding tax compliance: from the laboratory to the real world Michael Hallsworth
    15. 'Individual failure' and a behavioural public sector economics Lory Barile, John Cullis and Philip Jones
    Part V. Environment:
    16. Towards sustainable lifestyles: understanding the policy challenge Tim Jackson and Carmen Smith
    17. Understanding residential sustainable energy and policy preferences Goda Perlaviciute, Linda Steg and Ellen van der Werff
    18. Household production of photovoltaic energy: issues in economic behavior Paul C. Stern, Inga Wittenberg, Kimberly S. Wolske and Ingo Kastner
    19. Economic and psychological determinants of ownership, use and changes in use of private cars Tommy Gärling and Margareta Friman
    20. Voluntary individual carbon trading: friend or foe Clive L. Spash and Hendrik Theine
    Part VI. Biological Perspectives:
    21. Neuroeconomics Ifat Levy and Daniel Ehrlich
    22. The importance of evolutionary psychology for the understanding of economic behaviour Detlef Fechtenhauer and Anne-Sophie Lang
    23. Evolutionary economics and psychology Ulrich Wilt
    Part VII. New Horizons:
    24. Motivation and awards Bruno Frey and Jana Gallus
    25. Fuzzy-trace theory: judgments, decisions and neuroeconomics David M. N. Garavito, Rebecca B. Weldon and Valerie Reyna
    26. Robots, cyborgs and consumption Russell Belk
    27. End piece: behavioural change and 'nudge' Alan Lewis
    Index.

  • Editor

    Alan Lewis, University of Bath
    Alan Lewis is Professor of Economic Psychology at the University of Bath. He has been publishing in the area of psychology and economics for nearly forty years, and his journal articles and books have covered such topics as socially responsible investing; ethics, altruism and economic affairs; tax evasion and fiscal preferences; environmental attitudes and behaviour; economic socialisation; and credit and debt. His books include Morals, Markets and Money (2002) and, with Paul Webley and Adrian Furnham, The New Economic Mind: The Social Psychology of Economic Behaviour (1995). Alan Lewis was also editor of the Journal of Economic Psychology from 1996 to 2000. He has presented papers at international conferences and seminars in many countries, including the USA, the UK, Canada, France, Italy, Spain, Sweden, Norway, Austria, the Czech Republic, Denmark and Belgium.

    Contributors

    Alan Lewis, Denis Hilton, Nick Bardsley, J. Michael Collins, Werner De Bondt, Karl-Erik Wärneryd, Daniel Read, Rebecca McDonald, Lisheng He, Matthew Sparkes, Julia Gumy, Brendan Burchell, Alex J. Wood, Bernadette Kamleitner, Eva Marckhgott, Erich Kirchler, Christopher Cowton, Aaron Ahuvia, Gerrit Antonides, Chris van Klaveren, Gordon R. Foxall, Jerome Olsen, Minjo Kang, Michael, Hallsworth, Lory Barile, John Cullis, Philip Jones, Tim Jackson, Carmen Smith, Goda Perlaviciute, Linda Steg, Ellen van der Werff, Paul C. Stern, Inga Wittenberg, Kimberly S. Wolske, Ingo Kastner, Tommy Gärling, Margareta Friman, Clive L. Spash, Hendrik Theine, Ifat Levy, Daniel Ehrlich, Detlef Fechtenhauer, Anne-Sophie Lang, Ulrich Wilt, Bruno Frey, Jana Gallus, David M. N. Garavito, Rebecca B. Weldon, Valerie Reyna, Russell Belk

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