ABSTRACT
Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline.
The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegie School, and intra-industry efficiency in less developed countries.
TABLE OF CONTENTS
chapter 6|41 pages
Effort discretion economic agency and behavioral economics
Transforming economic theory and public policy
chapter 7|15 pages
X-efficiency and underdevelopment
A Leibenstein's application of behavioral economics
chapter 8|14 pages
Understanding high performance work systems
The joint contribution of economics and human resource management