Download or read book The Economic Psychology of Incentives written by A. Pepper and published by Springer. This book was released on 2015-07-07 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes a revised theory of agency, drawing on ideas from behavioural economics and built on more robust assumptions about human behaviour than the standard principal-agent model. The book proposes new design principles for executive pay, but also explains the difficulties in changing current executive pay practices.

Download or read book The Domestic Dog written by James Serpell and published by Cambridge University Press. This book was released on 1995 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: A scientific analysis of dogs, their behaviour, and their relationships with humans.

Download or read book The Economics of Fairness written by Alexander W. Cappelen and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing literature in economics has studied how fairness considerations shape human behavior. This research collection comprises forty key theoretical and empirical contributions spanning the last four decades, along with influential related work in normative economics. These papers show that the fairness motive is essential for understanding human behavior in a wide range of settings, such as markets, bargaining, and redistributive situations. They document large heterogeneity in what people view as fair and the importance people attach to fairness, displaying how a concern for fairness develops in childhood and manifests itself in the brain. Together with an original introduction by the editors, this volume will be a valuable research tool for those interested in the fascinating field of the economics of fairness.

Download or read book The Development of Judgment and Decision Making in Children and Adolescents written by Janis E. Jacobs and published by Psychology Press. This book was released on 2006-04-21 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, newspaper articles, television specials, and other media events have focused on the numerous hard decisions faced by today's youth, often pointing to teen pregnancy, drug use, and delinquency as evidence of faulty judgment. Over the past 10 years, many groups - including parents, educators, policymakers, and researchers - have become concerned about the decision-making abilities of children and adolescents, asking why they make risky choices, how they can be taught to be better decision makers, and what types of age-related changes occur in decision making. This book serves as a starting point for those interested in considering new ways of thinking about the development of these issues. The purpose is to bring together the voices of several authors who are conducting cutting-edge research and developing new theoretical perspectives related to the development of judgment and decision making. The Development of Judgment and Decision Making in Children and Adolescents is divided into three parts: Part I presents three distinctive developmental models that offer different explanations of "what develops" and the relative importance of different cognitive components and experiential components that may be important for developing judgment and decision making skills. Part II emphasizes the emotional, cultural, and social aspects of decision making--three topics that have been influential in the adult literature on judgment and decision making but are just beginning to be explored in the developmental area. Part III provides three examples of research that applies developmental and decision making models to practical research questions. This book is intended for the professional market or for graduate courses on decision making or cognitive or social development.

Download or read book The Social Dog written by Juliane Kaminski and published by Elsevier. This book was released on 2014-05-20 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dogs have become the subject of increasing scientific study over the past two decades, chiefly due to their development of specialized social skills, seemingly a result of selection pressures during domestication to help them adapt to the human environment. The Social Dog: Behaviour and Cognition includes chapters from leading researchers in the fields of social cognition and behavior, vocalization, evolution, and more, focusing on topics including dog-dog and dog-human interaction, bonding with humans, social behavior and learning, and more. Dogs are being studied in comparative cognitive sciences as well as genetics, ethology, and many more areas. As the number of published studies increases, this book aims to give the reader an overview of the state of the art on dog research, with an emphasis on social behavior and socio-cognitive skills. It represents a valuable resource for students, veterinarians, dog specialists, or anyone who wants deeper knowledge of his or her canine companion. - Reviews the state of the art of research on dog social interactions and cognition - Includes topics on dog-dog as well as dog-human interactions - Features contributions from leading experts in the field, which examine current studies while highlighting the potential for future research

Download or read book The Upside of Inequality written by Edward Conard and published by National Geographic Books. This book was released on 2016-09-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The scourge of America’s economy isn't the success of the 1 percent—quite the opposite. The real problem is the government’s well-meaning but misguided attempt to reduce the payoffs for success. Four years ago, Edward Conard wrote a controversial bestseller, Unintended Consequences, which set the record straight on the financial crisis of 2008 and explained why U.S. growth was accelerating relative to other high-wage economies. He warned that loose monetary policy would produce neither growth nor inflation, that expansionary fiscal policy would have no lasting benefit on growth in the aftermath of the crisis, and that ill-advised attempts to rein in banking based on misplaced blame would slow an already weak recovery. Unfortunately, he was right. Now he’s back with another provocative argument: that our current obsession with income inequality is misguided and will only slow growth further. Using fact-based logic, Conard tracks the implications of an economy now constrained by both its capacity for risk-taking and by a shortage of properly trained talent—rather than by labor or capital, as was the case historically. He uses this fresh perspective to challenge the conclusions of liberal economists like Larry Summers and Joseph Stiglitz and the myths of “crony capitalism” more broadly. Instead, he argues that the growing wealth of most successful Americans is not to blame for the stagnating incomes of the middle and working classes. If anything, the success of the 1 percent has put upward pressure on employment and wages. Conard argues that high payoffs for success motivate talent to get the training and take the risks that gradually loosen the constraints to growth. Well-meaning attempts to decrease inequality through redistribution dull these incentives, gradually hurting not just the 1 percent but everyone else as well. Conard outlines a plan for growing middle- and working-class wages in an economy with a near infinite supply of labor that is shifting from capital-intensive manufacturing to knowledge-intensive, innovation-driven fields. He urges us to stop blaming the success of the 1 percent for slow wage growth and embrace the upside of inequality: faster growth and greater prosperity for everyone.

Download or read book Behavioral Game Theory written by Colin F. Camerer and published by Princeton University Press. This book was released on 2011-09-05 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory, the formalized study of strategy, began in the 1940s by asking how emotionless geniuses should play games, but ignored until recently how average people with emotions and limited foresight actually play games. This book marks the first substantial and authoritative effort to close this gap. Colin Camerer, one of the field's leading figures, uses psychological principles and hundreds of experiments to develop mathematical theories of reciprocity, limited strategizing, and learning, which help predict what real people and companies do in strategic situations. Unifying a wealth of information from ongoing studies in strategic behavior, he takes the experimental science of behavioral economics a major step forward. He does so in lucid, friendly prose. Behavioral game theory has three ingredients that come clearly into focus in this book: mathematical theories of how moral obligation and vengeance affect the way people bargain and trust each other; a theory of how limits in the brain constrain the number of steps of "I think he thinks . . ." reasoning people naturally do; and a theory of how people learn from experience to make better strategic decisions. Strategic interactions that can be explained by behavioral game theory include bargaining, games of bluffing as in sports and poker, strikes, how conventions help coordinate a joint activity, price competition and patent races, and building up reputations for trustworthiness or ruthlessness in business or life. While there are many books on standard game theory that address the way ideally rational actors operate, Behavioral Game Theory stands alone in blending experimental evidence and psychology in a mathematical theory of normal strategic behavior. It is must reading for anyone who seeks a more complete understanding of strategic thinking, from professional economists to scholars and students of economics, management studies, psychology, political science, anthropology, and biology.

Download or read book Topics in Microeconomics written by Elmar Wolfstetter and published by Cambridge University Press. This book was released on 1999-10-28 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book in microeconomics focuses on the strategic analysis of markets under imperfect competition, incomplete information, and incentives. Part I of the book covers imperfect competition, from monopoly and regulation to the strategic analysis of oligopolistic markets. Part II explains the analytics of risk, stochastic dominance, and risk aversion, supplemented with a variety of applications from different areas in economics. Part III focuses on markets and incentives under incomplete information, including a comprehensive introduction to the theory of auctions, which plays an important role in modern economics.

Download or read book Human Relations in the Workplace written by Julio Rotemberg and published by Andesite Press. This book was released on 2017-08-24 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Download or read book Primate Cognition Volume 1 written by Josep Call and published by Oxford University Press. This book was released on 2024-10-25 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1997, Primate Cognition was a groundbreaking and highly successful book that set the agenda for a new field of study. Borrowing theoretical constructs and paradigms from human cognitive science and developmental psychology, the book reviewed all of the empirical research existing at that time concerning both physical cognition (space and objects, tools and causality, features and categories, and quantities) as well as social cognition (social knowledge and interaction, social strategies and communication, social learning and culture, and theory of mind). Since that time research on primate cognition has burgeoned, and this all-new second edition mainly focuses on research conducted after 1997. It is divided into two volumes, the current volume on Primate Social Cognition and a forthcoming volume on Primate Physical Cognition. Existing areas of research are updated with the latest findings, and there are several areas of research that for all practical purposes did not exist at the time of the first edition, for example, on prosocial behavior, behavior in social dilemmas, and metacognition. There is also a chapter on theories of primate social cognition and an account of how the human primate fits into the overall evolutionary picture. This second edition of Primate Cognition provides an up-to-date survey of the field.

Download or read book Land Labor and Rural Poverty written by Pranab K. Bardhan and published by Columbia University Press. This book was released on 1984 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Textbook on land economics, rural workers, agricultural credit, production relations and rural area poverty, with reference to India - examines peasant farmer labour supply, labour force participation of woman workers, measurement of unemployment, labour demand of agricultural workers, wages, labour-tying, and bonded labour, sharecropping and tenancy issues, social stratification and children mortality; discusses land ownership as an obstacle to irrigation-based agricultural development. Graphs, references, statistical tables.

Download or read book Handbook of the Economics of Giving Altruism and Reciprocity written by Serge-Christophe Kolm and published by Elsevier. This book was released on 2006-07-19 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook on the Economics of Giving, Reciprocity and Altruism provides a comprehensive set of reviews of literature on the economics of nonmarket voluntary transfers. The foundations of the field are reviewed first, with a sequence of chapters that present the hard core of the theoretical and empirical analyses of giving, reciprocity and altruism in economics, examining their relations with the viewpoints of moral philosophy, psychology, sociobiology, sociology and economic anthropology. Secondly, a comprehensive set of applications are considered of all the aspects of society where nonmarket voluntary transfers are significant: family and intergenerational transfers; charity and charitable institutions; the nonprofit economy; interpersonal relations in the workplace; the Welfare State; and international aid.*Every volume contains contributions from leading researchers*Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys

Download or read book Psychology Rationality and Economic Behaviour written by B. Agarwal and published by Springer. This book was released on 2005-08-03 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conception of rationality and self-interest maximization. The contributions in this volume, some focused on analytical models and methodology, others on laboratory and field experiments, challenge these assumptions, and provide novel and complex understandings of human motivation and economic decision-making. With a pioneering introduction by the book's two editors, this volume brings together exciting contributions to a field that is rapidly growing in influence and reach.

Download or read book Internet and Network Economics written by Amin Saberi and published by Springer. This book was released on 2010-12-06 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 6th International Workshop on Internet and Network Economics, WINE 2010, held in Stanford, USA, in December 2010. The 52 revised full papers presented were carefully reviewed and selected from 95 submissions. The papers are organized in 33 regular papers and 19 short papers.

Download or read book Social Neuroeconomics written by Jens Harbecke and published by Routledge. This book was released on 2020-09-23 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neuroeconomics has emerged as a paradigmatic field where neuroscience and the social sciences are integrated in one analytical and empirical approach. However, the different disciplines involved often only relate to each other via the shared object of research, and less through the constructing of precise models of integrative mechanisms. Social Neuroeconomics explores the potential of philosophical and methodological reflections in the neurosciences and the social sciences to inform those efforts at cross-disciplinary integration, with a special focus on recent contributions to mechanistic explanations. The collected essays are drawn from the fields of neuroscience, psychology, economics, sociology and philosophy, and examine the ways and methods of constructing unified conceptual frameworks that can guide empirical work and hypothesis building. This is demonstrated in a range of applications, particularly regarding finance and consumer behavior. The concept of the ‘social brain’ is also explored; a multilevel framework in which complex analytical categories such as emotions or socially mediated cognitive processes connect neuronal and social phenomena in specific mechanisms that generate behavior. This book addresses a wide audience across the various disciplines, reaching from the neurosciences to the social sciences and philosophy.

Download or read book The Oxford Handbook of the Economics of the Biopharmaceutical Industry written by Patricia M. Danzon and published by Oxford University Press. This book was released on 2012-04-12 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: The biopharmaceutical industry has been a major driver of technological change in health care, producing unprecedented benefits for patients, cost challenges for payers, and profits for shareholders. As consumers and companies benefit from access to new drugs, policymakers around the globe seek mechanisms to control prices and expenditures commensurate with value. More recently the 1990s productivity boom of new products has turned into a productivity bust, with fewer and more modest innovations, and flat or declining revenues for innovative firms as generics replace their former blockbuster products. This timely volume examines the economics of the biopharmaceutical industry, with eighteen chapters by leading academic health economists. Part one examines the economics of biopharmaceutical innovation including determinants of the costs and returns to new drug development; how capital markets finance R&D and how costs of financing the biopharmaceutical industry compare to financing costs for other industries; the effects of safety and efficacy regulation by the Food and Drug Administration (FDA) and of price and reimbursement regulation on incentives for innovation; and the role of patents and regulatory exclusivities. Part two examines the market for biopharmaceuticals with chapters on prices and reimbursement in the US, the EU, and other industrialized countries, and in developing countries. It looks at the optimal design of insurance for drugs and the effects of cost sharing on spending and on health outcomes; how to measure the value of pharmaceuticals using pharmacoeconomics, including theory, practical challenges, and policy issues; how to measure pharmaceutical price growth over time and recent evidence; empirical evidence on the value of pharmaceuticals in terms of health outcomes; promotion of pharmaceuticals to physicians and consumers; the economics of vaccines; and a review of the evidence on effects of mergers, acquisitions and alliances. Each chapter summarizes the latest insights from theory and recent empirical evidence, and outlines important unanswered questions and areas for future research. Based on solid economics, it is nevertheless written in terms accessible to the general reader. The book is thus recommended reading for academic economists and non-economists, and for those in industry and policy who wish to understand the economics of this fascinating industry.

Download or read book Learning from Animals written by Louise S. Röska-Hardy and published by Psychology Press. This book was released on 2008-10-27 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human language, cognition, and culture are unique; they are unparalleled in the animal kingdom. The claim that we can learn what makes us human by studying other animal species provokes vigorous reactions and many deny that comparative research can shed any light on the origins and character of human distinctive capacities. However, Learning from Animals? presents empirical research and an analysis of comparative approaches for an understanding of human uniqueness, arguing that we cannot know what capacities are uniquely human until we learn what other species can do. This interdisciplinary volume explores the prospects and problems of comparative approaches for understanding modern humans’ abilities by presenting: (1) the latest findings and theoretical approaches in primatology, comparative psychology, linguistics, and philosophy; (2) methodological reflections on the prospects and challenges of understanding human capacities through comparative research strategies; and (3) discussions of conceptual and ethical issues. This is the first book to address the issues raised by comparative research from such a diverse perspective. It will therefore be of great interest to students, researchers, and professionals in comparative psychology, linguistics, primatology, biology, and philosophy.