Author

  • Turkiah Alotibi

    • Alfaisal University College of Business, Saudi Arabia
    • Saudi Arabia

Abstract

Thaler's ability for writing has resulted in a book that is a mix of his experiences as a faculty member, anecdotes from other economists he encountered along the journey, and a background in Behavioral Economics. Richard Thaler provides an analysis of how subjective factors influence decisionmaking in matters related to the economy and personal finances. The subject of "Misbehaving" is one of dominance and special interests; its power that economists were refusing and defending against the possibility of being irrational. Reading "Misbehaving" is recommended for those who want to understand how psychology influences decision-making with money and the economy, and for those who want to understand Behavioral Economics. This review will look further into evaluating the concept of irrationality and decision-making in behavioral economics.

Keywords

References

  • Thaler, R. H. (2015). Misbehaving: The making of behavioral economics. W W Norton & Co.

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How to Cite

Alotibi, T. (2022). Misbehaving: The Making of Behavioral Economics by Richard H. Thaler: Critical Evaluation & Review. Journal of Economics and Behavioral Studies, 13(6(J), 12-18. https://doi.org/10.22610/jebs.v13i6(J).3245

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Section

Research Paper

Published

2022-03-11

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