The Cambridge Handbook of Psychology and Economic Behaviour

A contemporary and international perspective on the application of psychology to economic themes, ideal for researchers and graduates.

Alan Lewis (Edited by)

9781316613900, Cambridge University Press

Paperback / softback, published 15 February 2018

794 pages, 36 b/w illus. 8 colour illus.
24.7 x 17.4 x 3.8 cm, 1.58 kg

'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

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.

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.

Subject Areas: Behavioural economics [KCK], Economics [KC], Economics, finance, business & management [K], Occupational & industrial psychology [JMJ], Social, group or collective psychology [JMH], Psychology [JM], Society & social sciences [J]