This is the first definitive introduction to behavioral economics aimed at advanced undergraduate and postgraduate students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and relevant applications throughout

Wir treffen im Schnitt 20.000 Entscheidungen am Tag, kleine und grosse, belanglose und wichtige. (Angehende) Führungskräfte treffen häufig noch mehr Entscheidungen. Offen bleibt jedoch, wie man 'richtig' entscheidet. Geht das überhaupt? Dieses Fachbuch führt den Leser in die...

The theory of melioration, originally formulated for individual decision-making contexts, is formally extended to a game theoretic framework. This paper proves the existence of a distribution that is a melioration strategy on the part of all players. Further, the question of stability of such a...