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Misbehaving

The Making of Behavioural Economics
Published
2015
Language
English

Synopsis

Richard H. Thaler explores the fascinating intersection of economics and psychology, revealing how human behavior often deviates from the rational models traditionally assumed in economic theory. He introduces the concept of 'nudge' and other insights from behavioral economics, showing how our everyday decisions are influenced by biases and heuristics. This book offers a fresh perspective on understanding why people make the choices they do, often misbehaving in ways that defy conventional economic logic.

About the author

R
Richard H. Thaler

Richard H. Thaler is a Nobel laureate in Economics, best known for his work on behavioral economics. His book Nudge, co-authored with Cass Sunstein, explores how small changes in choice architecture can influence people's decisions. Thaler's writing makes complex economic ideas accessible and practical.