Téléchargez le livre : A Theory of Dynamic Preferences

A Theory of Dynamic Preferences

Using Economics and Behavioral Sciences to Explore Bias, Irrationality, and Choice

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Palgrave Macmillan


Paru le : 2026-01-27



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Description

This book presents a theory of choice grounded in two distinct processes. The first is a long-term evolutionary process that links survival-enhancing behaviors with positive emotional responses, forming "primary preferences." These preferences are inherited and reflect conditions under which early humans thrived. The second process is short-term and adaptive, allowing individuals to adjust their preferences in response to changes in their environment. These adjustments form revised preferences, which can override inherited tendencies when they no longer serve a beneficial purpose.

The chapters trace the origins of human preferences, explore how decisions evolve, and introduce a propensity for exploration (PEX) as a mechanism driving curiosity and growth. The book also examines the role of biased perceptions in sustaining exploratory behavior when inherited incentives are insufficient. By connecting psychology, economics, adaptation, and decision science, the text provides a clear framework for understanding how preferences form, why they shift, and how they can be realigned. This practical approach equips readers with tools to improve personal choices, enhance well-being, and achieve long-term growth.
Pages
224 pages
Collection
n.c
Parution
2026-01-27
Marque
Palgrave Macmillan
EAN papier
9783032133335
EAN PDF
9783032133342
Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
22
Taille du fichier
11643 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
126,59 €
EAN EPUB
9783032133342
Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
22
Taille du fichier
1659 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
126,59 €

Christo A. Pirinsky is Professor of Financial Economics, Truist Fellow, and Director of the FinTech Program at the University of Central Florida College of Business Administration in Orlando, Florida. Before joining the University, he was an economist at the US Securities and Exchange Commission in Washington, DC. He has been a full-time faculty member at several academic institutions, including Texas A&M University, Rutgers University, and George Washington University. His work appears in The Journal of Finance, Journal of Financial Economics, Research Policy, The Accounting Review, and elsewhere. During the 2022–2023 school year, he was the recipient of UCF Dean's Research Productivity Award. Pirinsky is a behavioral economics and finance expert. His research integrates culture and fintech with decision-making fundamentals.

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