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Behavioral economics and its applications princeton university press. In recent years, behavioural economics be has moved beyond documenting systematic deviations from the traditional economic modelfcomposed of sel. Hannu vartiainen is docent of the helsinki school of economics and research director of the yrjo jahnsson foundation diamond and vartiainen offer an important, timely collection of essays on behavioral economics. But in many countries labour unions play a big part in how the labour market works. The field of behavioural economics can tell us a great deal about cognitive bias and unconscious decisionmaking, challenging the orthodox economic model whereby consumers make rational and informed choices. Apr 15, 2007 buy behavioral economics and its applications by diamond, peter, vartiainen, hannu isbn.
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