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sharrypdx's review against another edition
5.0
An introduction to Behavioral Economics by one one the people who helped create the discipline. This book accounts the making of Behavioral Economics. Very interesting.
His distinction between “Econs” and “Humans” is insightful. Of course, after many years of my own observation and study, I find it hard to believe that anyone could continue to trust the “invisible hand” theory which relies upon rational agents to make decisions about control of the market. Those theories simply don’t hold up under real conditions.
His distinction between “Econs” and “Humans” is insightful. Of course, after many years of my own observation and study, I find it hard to believe that anyone could continue to trust the “invisible hand” theory which relies upon rational agents to make decisions about control of the market. Those theories simply don’t hold up under real conditions.
gswain's review against another edition
5.0
Well written, interesting, and easy to understand examples
lakingsdave's review against another edition
3.0
Thaler is an economic genius, but he's not the best writer. I loved the subject of this book and learned a bit from it, but it was too long because the author spent so much time talking about his friends and telling stories about stuff that didn't need to be in the book.
ranahabib's review against another edition
5.0
Great book.
I wish I read this before Thinking, Fast and Slow. Thaler’s writing style is so smooth and easy to read. His simplified explanations of economic theory helped me understand everything so much.
I also loved knowing the back story of how behavioural economics became such an emerging subject.
Bravo!
I wish I read this before Thinking, Fast and Slow. Thaler’s writing style is so smooth and easy to read. His simplified explanations of economic theory helped me understand everything so much.
I also loved knowing the back story of how behavioural economics became such an emerging subject.
Bravo!
alisonordnung's review against another edition
2.0
I do not find economics as interesting as I thought I might.
etopiei's review against another edition
5.0
This was a fascinating look at the rise of behavioural economics. The stories are entertaining and well explained. Having previously read Thinking Fast and Slow and enjoying the psychological side of these ideas, it was particularly interesting to see the consequences of human behaviour on economics.
bub_9's review against another edition
4.0
This is not only enormously insightful, but genuinely a fun piece of writing that also illuminates the world of academic economics in a self-deprecating (though not annoyingly so) fashion.
sujithpadar's review against another edition
4.0
It was fascinating to understand how the knowledge of "humans" being irrational, is shaping up the modern economic theory. It is easy to see the links between behaviour economics and user centred design and psychology.