John H. Kagel: Economic Choice Theory

Cover: 9780521035927 | Economic Choice Theory | An Experimental Analysis of Animal Behavior

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Sprache: Englisch

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Beschreibung

This book details the results of the authors' research using laboratory animals to investigate individual choice theory in economics-consumer-demand and labour supply behaviour and choice under uncertainty. The use of laboratory animals provides the opportunity to conduct controlled experiments involving precise and demanding tests of economic theory with rewards and punishments of real consequence. Economic models are compared to psychological and biological choice models along with the results of experiments testing between these competing explanations. Results of animal experiments are used to address questions of social policy importance.

Zusammenfassung

This compelling book details the results of the authors’ research using laboratory animals to investigate individual choice theory in economics-consumer-demand and labour supply behaviour and choice under uncertainty. The use of laboratory animals provides the opportunity to conduct controlled experiments involving precise and demanding tests of economic theory with rewards and punishments of real consequence. Economic models are compared to psychological and biological choice models along with the results of experiments testing between these competing explanations.

Inhaltsverzeichnis

Preface; 1. Introduction; 2. Commodity-choice behaviour I: some initial tests of the theory; 3. Commodity-choice behaviour II: tests of competing motivational processes and the representative consumer hypothesis; 4. Labour-supply behaviour I: initial tests of the theory with some public policy implications; 5. Labour-supply behaviour II: tests of competing motivational processes and earnings distributions for animal workers; 6. Choices over uncertain outcomes; 7. Intertemporal choice; 8. Summing up; Bibliography; Index.

Erscheinungsjahr:	2007
Fachbereich:	Volkswirtschaft
Genre:	Importe , Wirtschaft
Rubrik:	Recht & Wirtschaft
Medium:	Taschenbuch
ISBN-13:	9780521035927
ISBN-10:	0521035929
Sprache:	Englisch
Einband:	Kartoniert / Broschiert
Autor:	Kagel, John H. Battalio, Raymond C. Green, Leonard
Hersteller:	Cambridge University Press
Verantwortliche Person für die EU:	Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße:	229 x 152 x 15 mm
Von/Mit:	John H. Kagel (u. a.)
Erscheinungsdatum:	31.01.2007
Gewicht:	0,408 kg

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