Faithin Omaha eBook Collection

Download or read book Psychology And The Economic Mind written by Robert L. Leahy and published by Springer Publishing Company. This book was released on 2002-10-21 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book elaborates on a multidimensional model of decision-making that applies to how individuals make "mundane decisions." Decisions about pursuing relationships, exercise, work, or anything where people might have to "invest" time or behavioral effort are examples. The author utilizes cognitive-developmental theory to understand how children and adolescents make sense of economic inequality. This modern portfolio theory model of decision-making applies economic concepts to everyday life and may help us understand why individuals differ in their willingness to take risks. It also contributes to our knowledge of personality disorders such as depression and mania. For Further Information, Please Click Here!