Twenty years ago, behavioral economics did not exist as a field. Most economists were deeply skeptical--even antagonistic--toward the idea of importing insights

Modern financial markets offer the real world's best approximation to the idealized price auction market envisioned in economic theory. Nevertheless, as the inc

This collection challenges the popular but abstract concept of nudging, demonstrating the real-world application of behavioral economics in policy-making and te

At a time when both scholars and the public demand explanations and answers to key economic problems that conventional approaches have failed to resolve, this g

Handbook of Behavioral Economics: Foundations and Applications presents the concepts and tools of behavioral economics. Its authors are all economists who share