Misbehaving
The Making of Behavioral Economics by Richard H. Thaler Key Takeaways & Analysis
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5.0 • 4 Ratings
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- $4.99
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- $4.99
Publisher Description
Misbehaving by Richard H. Thaler | Key Takeaways & Analysis
Preview:
Misbehaving: The Making of Behavioral Economics is an introduction to behavioral economics and an account of Richard H. Thaler’s role in developing and popularizing the field.
The traditional economic theory of the 1970s presumed that people made economic decisions rationally. In this economic vision, rational individuals—or Econs, as Thaler calls them—know what they want, and they know how much they value the things they want…
PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book.
Inside this Instaread of Misbehaving:
• Overview of the book
• Important People
• Key Takeaways
• Analysis of Key Takeaways
About the Author
With Instaread, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
Customer Reviews
Find out the interesting facts!
There are 9 Key Takeways presented in this Instaread summary. Here are a couple to whet your appetite:Traditional economic theory says that people make decisions rationally. The field of behavioral economics shows that this is wrong.""Since people often make poor, irrational choices, it is ethical to help people make better choices."Traditional economic theory says you should be happy to sell" but "behavioral economists say you probably won't." What's the reasoning? Read more to find out these questions, and statment, you will be surprised!
Good read!
What is the difference between a Econ and a Human? You'll soon find out if you read this summary! Richard Thaler, who by the way is very educated and knowledgeable in this field, is not the only one listed in the 'Important People'. Daniel Kahneman, Cass Sunstein and Amos Tversky are also listed.
Look no further!
It provides a potential reader enough information regarding this book’s content to determine if we want to invest the extra money and time to actually buy and read the entire book. While clearly unintended by the author - this book will likely be divisive to both the extreme Left & Right ends of our politically ideological spectrum. That is unfortunate, but likely won't be a problem for the vast majority of readers who maintain an open mind.