Der Abschied vom homo oeconomicus -- Ausgewählte kognitive Verzerrungen und Heuristiken und ihr Bezug zur Versicherung -- Ein zweiter Blick auf die Risikoaversion -- Populäre deskriptive Modelle und damit erzielte Resultate -- Zusammenfassung und Ausblick.

In the standard neoclassical model consumers use all the available information and the demand for goods depends exclusively on preferences and prices whereas other spurious information do not play any role. In the market for books, we investigate if - in contrast to the standard model - the...

"This is the first book to provide a rigorous yet accessible overview of behavioral economics, a growing field that attempts to uncover the psychological processes which mediate the economic decisions we make. Acknowledging that people are swayed by biases and emotions, and don't necessarily...