Routledge Advances in Behavioural Economics and Finance
About the Book Series
Traditionally, economists have based their analysis of financial markets and corporate finance on the assumption that agents are fully rational, emotionless, self-interested maximizers of expected utility. However, behavioural economists are increasingly recognizing that financial decision makers may be subject to psychological biases, and the effects of emotions. Examples of this include the effects on investors’ and managers’ decision-making of such biases as excessive optimism, overconfidence, confirmation bias, and illusion of control. At a practical level, the current state of the financial markets suggests that trust between investors and managers is of paramount importance.
Routledge Advances in Behavioural Economics and Finance presents innovative and cutting edge research in this fast paced and rapidly growing area, and will be of great interest to academics, practitioners, and policy-makers alike.
All proposals for new books in the series can be sent to the series editor, Roger Frantz, at [email protected].
Economics and Psychology: An Uneasy History
1st Edition
By Stavros Drakopoulos, Ioannis Katselidis
July 30, 2025
With the rise of modern behavioural economics and increasing interest in subjective well-being research, the question of the relationship between economics and psychology has again been brought to the fore. Drawing on the history of economic thought, this book explores the historical relationship ...
Economic Biology and Behavioral Economics: The Prophesy of Alfred Marshall
1st Edition
By Gerald A. Cory Jr.
October 07, 2024
Economic Biology and Behavioral Economics: The Prophesy of Alfred Marshall explores the prophesy of Alfred Marshall, the grand synthesizer of neoclassical economics, that the "Mecca of the economist lies in economic biology". The book presents the proof of that prophesy through examination and ...
Behavioural Economics and Regulation: The Design Process of Regulatory Nudges
1st Edition
By Maria C. de Campos
August 05, 2024
In recent years, the idea of "nudges" – small changes in individual choice architecture that do not involve incentives or coercion – has entered policy discourse and practice to address various problems ranging from energy usage to retirement savings. However, how nudges can be incorporated into ...
Behavioural Sports Economics: A Research Companion
1st Edition
Edited
By Hannah Josepha Rachel Altman, Morris Altman, Benno Torgler
September 25, 2023
Economists have entered into the realm of sports to provide what they believe to be more cogent explanations for sport-related behaviour and to suggest ways in which incentives can improve sports outcomes. But prices and income, the traditional workhorses of conventional economics, can only provide...
Social Neuroeconomics: Mechanistic Integration of the Neurosciences and the Social Sciences
1st Edition
Edited
By Jens Harbecke, Carsten Herrmann-Pillath
April 29, 2022
Neuroeconomics has emerged as a paradigmatic field where neuroscience and the social sciences are integrated in one analytical and empirical approach. However, the different disciplines involved often only relate to each other via the shared object of research, and less through the constructing of ...
The Art of Experimental Economics: Twenty Top Papers Reviewed
1st Edition
Edited
By Gary Charness, Mark Pingle
August 27, 2021
Applying experimental methods has become one of the most powerful and versatile ways to obtain economic insights, and experimental economics has especially supported the development of behavioral economics. The Art of Experimental Economics identifies and reviews 20 of the most important papers to ...
Behavioural Approaches to Corporate Governance
1st Edition
By Cameron Elliott Gordon
June 28, 2018
Corporate governance failures are all too frequent and their patterns and outcomes seem avoidably familiar. This book examines the findings of behavioural finance and economics that are most relevant to governance problems, and suggests potential solutions that are best suited to real-world ...
Bounded Rationality and Behavioural Economics
1st Edition
By Graham Mallard
February 12, 2018
Economics Nobel Laureate Herbert Simon developed the concept of bounded rationality in the 1950s. This asserts that the cognitive abilities of human decision-makers are not always sufficient to find optimal solutions to complex real-life problems, leading decision-makers to find satisfactory, ...
Behavioural Economics and Business Ethics: Interrelations and Applications
1st Edition
By Philip Alexander Rajko
November 08, 2013
Economics and moral philosophy have in recent years been considered to be distinct and separate fields. However, behavioural economics has started to reconcile various aspects of morality and economics, which has offered new conceptual opportunities to advance economics ethics and business ethics....