The Cambridge Handbook of Psychology and Economic Behaviour Psychologists have been observing and interpreting economic behaviour for at least fifty years, and the last decade, in particular, has seen an escalated interest in the interface between psychology and economics. The Cambridge Handbook of Psychology and Economic Behaviour is a valuable reference resource dedicated to improving our understanding of the economic mind and economic behaviour.Employing empirical methods – including laboratory experiments,
field experiments, observations, questionnaires and interviews – the Handbook covers aspects of theory and method, financial and consumer behaviour, the environment and biological perspectives. With contributions from distinguished scholars from a variety of countries and backgrounds, the Handbook is an important step forward in the improvement of communications between the disciplines of psychology and economics. It will appeal to academic researchers and graduates in economic psychology and behavioural economics.
Contents
List of figures page ix
List of tables xiii
Notes on the contributors xv
Part I Introduction, theory and method
1. Introduction 3
Alan Lewis
2. Theory and method in economics and psychology 9
Denis Hilton
Part II Finance
3. The economic psychology of the stock market 39
Karl-Erik W¨arneryd
4. Stock prices: insights from behavioral finance 64
Werner F. M. De Bondt
5. Inter-temporal choice and self-control: saving and borrowing 105
Paul Webley and Ellen K. Nyhus
6. Financial decisions in the household 132
Carole Burgoyne and Erich Kirchler
7. Corporate social responsibility: the case of long-term and
responsible investment 155
Danyelle Guyatt
Part III Consumer behaviour in the private sector
8. Consumption and identity 181
Russell Belk
9. Wealth, consumption and happiness 199
Aaron Ahuvia
10. Comparing models of consumer behaviour 227
Gerrit Antonides
Part IV Consumer behaviour in the public sector
11. Lay perceptions of government economic activity 255
Simon Kemp
12. How big should government be? 281
John G. Cullis and Philip R. Jones
13. Integrating explanations of tax evasion and avoidance 304
Valerie Braithwaite and Michael Wenzel
Part V Environment
14. Sustainable consumption and lifestyle change 335
Tim Jackson
15. Environmentally significant behavior in the home 363
Paul C. Stern
16. Economic and psychological determinants of car ownership
and use 383
Tommy G¨arling and Peter Loukopoulos
17. Environmental morale and motivation 406
Bruno S. Frey and Alois Stutzer
18. Contingent valuation as a research method:
environmental values and human behaviour 429
Clive L. Spash
Part VI Biological perspectives
19. Neuroeconomics: what neuroscience can
learn from economics 457
Terry Lohrenz and P. Read Montague
20. Evolutionary economics and psychology 493
Ulrich Witt
21. Evolutionary psychology and economic psychology 512
Stephen E. G. Lea
Index 527