Books on behavioral and experimental economics
At Geary Behavioural Economics Blog @LiamDelaneyUCD is looking for books on behavioral economics. Given my interest in the field, I would like to add a few books. I add a few on experimental economics, too, as both fields are close relatives.
First, let’s see what he already has on his list:
- “Judgement Under Uncertainty: Heurisics and Biases” edited by Kahnemann, Slovic, and Tverky
- “Choices, Values, and Frames” edited by Daniel Kahneman and Amos Tversky
- “Heuristics and Biases: The Psychology of Intuitive Judgement.” edited by Thomas Gilovich, Dale Griffin, and Daniel Kahneman
These three books were indeed among the first books on behavioral economics that I bought myself at the beginning of my PhD. They are good collections of a number of great papers.
- “Advances in Behavioural Economics” edited by Camerer, Loewenstein, and Rabin
- Camerer’s “Behavioral Game Theory”
- “Exotic Preferences” by Lowenstein which really is (I have to agree) a great overview of his work on preference formation, emotion and decision making
Just before I moved to Bremen and joined Jacobs University the following two books gained a place on my book shelf
- Behavioral Economics and its Applications edited by Peter Diamond and Hannu Vartiainen. This is a great overview of some of the most recent applications of behavioral economics and a prospective research agenda.
- “An Introduction to Behavioral Economics” by Nicolas Wilkinson, a textbook that adds a historical context to the different topics it discusses. I liked it.
I have not read so far
- Frey and Stutzer’s “Economics and Psychology: A Promising New Cross-Disciplinary Field”
- Peter Lunn’s recent book “Basic Instincts: Human Nature and the New Economics”
On the pop-economics front @LiamDelaneyUCD lists
And in the comments are a number of books mentioned that I have not read so far:
- William Poundstone’s “Priceless”
- Ori and Rom Brafman, Sway: The Irresistible Pull of Irrational Behaviour
- Akerlof and Shiller, Animal Spirits
All three of them are already on my to-read-shelf.
Last but not least, everything by Herbert Simon, and in particular “Human Problem Solving” is mentioned.
Ok. What can I add to this list?
First, two collections:
- “The Construction of Preferences” edited by Lichtenstein an Slovic
- “Quasi Rational Economics” by Richard Thaler.
Both are highly recommended!
On morals, ethics and (behavioral) economics:
- “Moral Sentiment and Material Interest” by Gintis, Bowles, Boyd, and Fehr
- “Explaining Social Behavior” by Jon Elster
- “Moral Markets” edited by Paul Zak
- “Moral and Markets” by Dan Friedman
On behavioral game theory
- “Rational Decisions” by Ken Binmore
- “The Bounds of Reason” by Herb Gintis
And finally, a few essential books on experimental economics:
- “The Handbook of Experimental Economics” by Kagel and Roth
- “Handbook of Experimental Economics Results” by Plott and Smith
- “The Methodology of Experimental Economics” by Francesco Guala
- “Experimental Economics – Rethinking the Rules” by Bardsley, Cubitt, Loomes, Moffatt, Starmer, and Sudgen