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Willful: How We Choose What We Do [Kõva köide]

  • Formaat: Hardback, 256 pages, kõrgus x laius x paksus: 210x140x24 mm, 2 b-w illus.
  • Ilmumisaeg: 14-Jan-2020
  • Kirjastus: Yale University Press
  • ISBN-10: 0300246439
  • ISBN-13: 9780300246438
  • Formaat: Hardback, 256 pages, kõrgus x laius x paksus: 210x140x24 mm, 2 b-w illus.
  • Ilmumisaeg: 14-Jan-2020
  • Kirjastus: Yale University Press
  • ISBN-10: 0300246439
  • ISBN-13: 9780300246438
A revelatory alternative to the standard economic models of human behavior that proposes an exciting new way to understand decisionmaking   Willful is a breakthrough in economics. Richard Robbs tremendously insightful book shows how much of our behavior is not explained by existing theories of human action and explains in sparkling prose why understanding decisions made seemingly without reason presents a fuller picture of our world.Edmund S. Phelps, Nobel Laureate in Economics

Why do we do the things we do? The classical view of economics is that we are rational individuals, making decisions with the intention of maximizing our preferences. Behaviorists, on the other hand, see us as relying on mental shortcuts and conforming to preexisting biases. Richard Robb argues that neither explanation accounts for those things that we do for their own sake, and without understanding these sorts of actions, our picture of decisionmaking is at best incomplete. Robb explains how these choices made seemingly without reason belong to a realm of behavior he identifies as foritself.   A provocative combination of philosophy and economics that offers a key to many of our quixotic choices, this groundbreaking volume provides a new way to understand everything from investing to how hard we work to how we manage daily interactions.

Arvustused

Willful is a breakthrough in economics. Richard Robbs tremendously insightful book shows how much of our behavior is not explained by existing theories of human action and explains in sparkling prose why understanding decisions made seemingly without reason presents a fuller picture of our world.Edmund S. Phelps, Nobel Laureate in Economics

Richard Robb has written a provocative and beautifully crafted challenge to conventional economics, introducing the concept of will as an important factor that must be reckoned with in explaining the choices people actually make. Drawing on his unique experience as a trained Chicago School economist and as a trader in financial markets, he engages the reader in the compelling personal odyssey of his evolution of thought.James Heckman, Nobel Laureate in Economics

In this clear and wise book, Robb supplements the theory of rational choice by showing how behavior that may seem stubborn or foolish can be quintessentially human, and not in a bad way.Anthony Gottlieb, author of The Dream of Enlightenment: The Rise of Modern Philosophy

Willful provides us with an extraordinarily engaging and persuasive theory of action that explains why we often make what seem like idiosyncratic choices. A fascinating read for anybody with a shred of intellectual curiosity.David Folkerts-Landau, Deutsche Bank, Chief Economist

PART I Life Is a Mixed Drink
1 Venturing beyond Purposeful Choice
3(19)
2 Two Realms of Human Behavior
22(27)
PART II Belief
3 Acting in Character
49(18)
4 Making Money in Financial Markets: Anatomy of a Leap
67(24)
5 For-Itself Decision-Making within a Group
91(12)
PART III People
6 Altruism
103(28)
7 Public Policy
131(16)
PART IV Time
8 Changing Our Minds
147(18)
9 Homo Economic™ and Homo Ludens
165(29)
Summing Up Purposeful versus For-Itself: A Peace Treaty 194(15)
Notes 209(14)
Bibliography 223(8)
Acknowledgments 231(4)
Index 235
Richard Robb is professor of professional practice in international and public affairs at Columbia University and CEO of the investment firm Christofferson, Robb & Company, which he cofounded in 2001.