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The Matching Law: Papers in Psychology and Economics
This Impressive Collection contains Richard Herrnstein's most important and original contributions to the social and behavioral sciences - his papers on choice behavior in animals and humans and on his discovery and elucidation of a general principle of choice called the matching law.
Book Details
- Publisher: Harvard University Press
- Publish Date: May 19th, 2000
- Pages: 352
- Language: English
- Edition: Revised - undefined
- Dimensions: 9.00in - 6.00in - 0.72in - 1.03lb
- EAN: 9780674001770
- Categories: • Economics - Theory• Assessment, Testing & Measurement• Decision Making & Problem Solving
About the Author
Rachlin, Howard: - Howard Rachlin is Distinguished Professor of Psychology, Emeritus, at Stony Brook University.
Laibson, David I.: - David I. Laibson is Robert I. Goldman Professor of Economics at Harvard University.
Herrnstein, Richard J.: - Richard J. Herrnstein was Edgar Pierce Professor of Psychology at Harvard University.
Praise for this book
This collection of brilliant essays and lucid editorial introductions explains the fundamental law of action and choice that Herrnstein discovered, and highlights his unique contribution to our understanding of the persistence of self-destructive behavior.--Daniel Kahneman, Princeton University
The Matching Law tells us one big thing: people systematically misallocate their resources. Like pigeons, humans tend to focus on immediate rewards, and to neglect how current activities affect future payoffs...Choose this book. It will change your perceptions of the world, and subsequently, quite possibly how you spend your time.--Richard J. Zeckhauser, Harvard University
Herrnstein provided major contributions to several fields, like the understanding of crime, genetics, or problems of social policy. [This] book covers most of Herrnstein's work on economic problems...The editors, who wrote the introductions to the individual parts, provide concise and very informative summaries and discussions of them.--B. Kuon "Journal of Economics [UK]"