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July 2007
6 x 9, 296 pp., 69 illus.
$32.00/£23.95 (CLOTH)
Short

ISBN-10:
0-262-06263-1
ISBN-13:
978-0-262-06263-3

Other Editions
Paper (2010)
Series
CESifo Seminar Series
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Economics and Psychology
A Promising New Cross-Disciplinary Field
Edited by Bruno S. Frey and Alois Stutzer
With contributions by Matthias Benz, Meghana Bhatt, Iris Bohnet, Colin Camerer, Bruno S. Frey, Simon Gächter, Ralph Hertwig, Ming Hsu, Richard Layard, Stephan Meier, Felix Oberholzer-Gee and Alois Stutzer


Table of Contents and Sample Chapters

The integration of economics and psychology has created a vibrant and fruitful emerging field of study. The essays in Economics and Psychology take a broad view of the interface between these two disciplines, going beyond the usual focus on "behavioral economics." As documented in this volume, the influence of psychology on economics has been responsible for a view of human behavior that calls into question the assumption of complete rationality (and raises the possibility of altruistic acts), the acceptance of experiments as a valid method of economic research, and the idea that utility or well-being can be measured.

The contributors, all leading researchers in the field, offer state-of-the-art discussions of such topics as pro-social behavior and the role of conditional cooperation and trust, happiness research as an empirical tool, the potential of neuroeconomics as a way to deepen understanding of individual decision making, and procedural utility as a concept that captures the well-being people derive directly from the processes and conditions leading to outcomes. Taken together, the essays in Economics and Psychology offer an assessment of where this new interdisciplinary field stands and what directions are most promising for future research, providing a useful guide for economists, psychologists, and social scientists.

About the Editors

Bruno S. Frey is Professor of Economics at the University of Zurich, Visiting Professor at the Swiss Federal Institute of Technology, and Research Director of CREMA (Center for Research in Economics, Management, and the Arts). He is co-editor of Economics and Psychology: A Promising New Cross-Disciplinary Field (MIT Press, 2007).

Alois Stutzer is Assistant Professor in the Faculty of Business and Economics at the University of Basel.




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