Here are some highly regarded books on cognitive psychology and behavioural economics:
- “Thinking, Fast and Slow” by Daniel Kahneman: In this influential book, Nobel laureate Daniel Kahneman explores the two systems of thinking that drive our decisions: the fast, intuitive system and the slow, deliberate system. He delves into cognitive biases, heuristics, and the limitations of human judgment.
- “Nudge: Improving Decisions About Health, Wealth, and Happiness” by Richard H. Thaler and Cass R. Sunstein: This book explores how small changes in the way choices are presented, known as “nudges,” can significantly impact decision-making. Thaler and Sunstein highlight the applications of behavioral economics in influencing behavior and improving outcomes.
- “Predictably Irrational: The Hidden Forces That Shape Our Decisions” by Dan Ariely: Dan Ariely examines the irrational and often predictable patterns of human decision-making. He explores various cognitive biases and social influences that drive our choices and provides insights into why we make decisions that defy traditional economic theories.
- “Influence: The Psychology of Persuasion” by Robert B. Cialdini: This book explores the principles of influence and persuasion, backed by research in psychology. Cialdini explains the psychological tactics used to influence decision-making and provides practical examples and strategies.
- “Misbehaving: The Making of Behavioral Economics” by Richard H. Thaler: Richard H. Thaler, a pioneer in the field of behavioral economics, shares his personal journey and provides insights into the development and applications of behavioral economics. He explores the interplay between economics, psychology, and human behavior.
- “The Undoing Project: A Friendship That Changed Our Minds” by Michael Lewis: This book tells the story of the collaboration between psychologists Daniel Kahneman and Amos Tversky, who revolutionized our understanding of decision-making and cognitive biases. It provides an engaging narrative on the development of behavioral economics.
These books have received critical acclaim and have been widely recognized for their contributions to the fields of cognitive psychology and behavioural economics. They offer valuable insights into human decision-making processes and the biases that shape our behaviour.
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