Amos Tversky and the ascent of behavioral economics

被引:64
作者
Laibson, D [1 ]
Zeckhauser, R
机构
[1] Harvard Univ, Dept Econ, Cambridge, MA 02138 USA
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
[3] Harvard Univ, John F Kennedy Sch Govt, Cambridge, MA 02138 USA
基金
美国国家科学基金会;
关键词
behavioral economics; decision theory; heuristics and biases; prospect theory; psychology and economics; rationality;
D O I
10.1023/A:1007717224343
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Amos Tversky investigated and explained a wide range of phenomena that lead to anomalous human decisions. His two most significant contributions, both written with Daniel Kahneman, are the decision-making heuristics-representativeness, availability, and anchoring-and prospect theory. Tversky's concepts have broadly influenced the social sciences. in economics, they gave rise to the burgeoning field of behavioral economics. This field, skeptical of perfect rationality, emphasizes validation of modeling assumptions, integration of micro-level data on decisions (including experimental evidence), and adoption of lessons from psychology. Tversky's contributions are reviewed assessed using citation analysis, and placed in historical context. Fertile areas for behavioral economics research are identified.
引用
收藏
页码:7 / 47
页数:41
相关论文
共 62 条
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