Harvard Magazine Article on Behavioral Economics & Finance
The March/April 2006 issue of Harvard Magazine has a cover story on behavioral economics and behavioral finance research (with the focus on the work being done at Harvard). You can read the article at http://www.harvardmagazine.com/on-line/030640.html .
It's a very interesting article that covers a wide variety of applications of behavioral finance and economics ranging from micro-finance / economic development to improving 401(k) pension plans. I'm particularly interested in Prof. David Laibson's work on delayed versus available rewards based on the 'primrose path' paradigm in psychology.
There are a couple of interesting sidebars to the article: one on neuroeconomics and the other on game theory. You can get to them via links on the main page of the article.
It's a very interesting article that covers a wide variety of applications of behavioral finance and economics ranging from micro-finance / economic development to improving 401(k) pension plans. I'm particularly interested in Prof. David Laibson's work on delayed versus available rewards based on the 'primrose path' paradigm in psychology.
There are a couple of interesting sidebars to the article: one on neuroeconomics and the other on game theory. You can get to them via links on the main page of the article.
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