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02840aam a2200337 i 4500 001 4E2C19BED37711ED83DD52344BECA4DB 003 SILO 005 20230405010043 008 220614t20232023enka b 000 0 eng d 020 $a 1009209205 020 $a 9781009209205 020 $a 1009209191 020 $a 9781009209199 035 $a (OCoLC)1329422423 040 $a YDX $b eng $e rda $c YDX $d UKMGB $d OCLCF $d YDX $d CDX $d XII $d SILO 050 4 $a HB74 P8 P34 2023 100 1 $a Page, Lionel, $e author. 245 10 $a Optimally irrational : $b the good reasons we behave the way we do / $c Lionel Page, University of Queensland. 264 1 $a Cambridge ; $b Cambridge University Press, $c 2023. 300 $a xiv, 306 pages : $b illustrations (black and white) ; $c 23 cm 490 1 $a Perspectives in behavioral economics and the economics of behavior 504 $a Includes bibliographical references (pages 281-306). 505 00 $g Part IV. $t Rationality? $t The homo economicus model -- $t The psychology of biases in human behaviour -- $t The logic of a scientific revolution in economics -- $t Evolution and the logic of optimisation -- $g Part II. $t Individual decisions -- $t Rules of thumb and gut feelings -- $t Reference points and aversion to losses -- $t Sensitivity to probability -- $t The randomness of choices -- $t Impatience -- $g Part III. $t Social interactions -- $t Kindness and reciprocity -- $t Emotions and commitment -- $t Social identity -- $t Impression management -- $t Selection of delusion -- $g Part IV. $t Epilogue -- $t Rationality? 520 $a "For a long time, economists have assumed that we were cold, self-centred, rational decision makers - so-called Homo economicus; the last few decades have shattered this view. The world we live in and the situations we face are of course rich and complex, revealing puzzling aspects of our behaviour. Optimally Irrational argues that our improved understanding of human behaviour shows that apparent 'biases' are good solutions to practical problems - that many of the 'flaws' identified by behavioural economics are actually adaptive solutions. Page delivers an ambitious overview of the literature in behavioural economics and, through the exposition of these flaws and their meaning, presents a sort of unified theory of behaviouralism, cognitive psychology and evolutionary biology. He gathers theoretical and empirical evidence about the causes of behavioural 'biases' and proposes a big picture of what the discipline means for economics."-- $c Provided by publisher. 650 0 $a Economics $x Psychological aspects. 776 08 $i ebook version : $z 9781009209168 830 0 $a Perspectives in behavioral economics and the economics of behavior. 941 $a 1 952 $l USUX851 $d 20230907010531.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=4E2C19BED37711ED83DD52344BECA4DB 994 $a C0 $b IWAInitiate Another SILO Locator Search