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w20: Behavioural economics VI /2548

Topic 3

Learning materials ‘handout’

w20: Social preferences and fairness [pdf]

Main reading

Ariely, D (2009), Predictably irrational – The hidden forces that shape our decisions (revised ed), London: Harper

Ariely, D (2010), The upside of irrationality, London: Harper Collins

Camerer, C and Loewenstein, G (2004), Behavioral Economics: Past, Present and Future [pdf], in Camerer, Loewenstein and Rabin (eds) (2004), Advances in Behavioral Economics, New York: Princeton University Press

Gneezy, A et al (2012), Pay-what-you-want, identity, and self-signaling in marketsPNAS, May, 109 (19), pp7236-724

Kahneman, D (2011), Thinking, fast and Slow, London: Penguin books

* Kahneman, D, Knetsch, JL and Thaler, R (1986), Fairness as a constraint on profit seeking: Entitlements in the marketAmerican Economic Review, v76 No 4, Sept pp728-741

NME (2017), Did Radiohead’s ‘In Rainbows’ honesty box actually damage the music industry?, NME Blogs, Oct 17th

Rilling, JK et al (2008), The neural correlates of the affective response to unreciprocated cooperationNeuropsychologia, v46, i5, pp1256-1266

van de Ven, N et al (2011), The envy premium in product evaluation, Journal of Consumer Research, v37 i6 pp984-998

Wilkinson, N and Klaes, M (2012), An Introduction to Behavioral Economics (2nd ed), Basingstoke: Palgrave-MacMillan