This book is a collection of important contributions by Japanese researchers and their coauthors to present current advances in behavioral economics and finance, particularly in relation to decision making and human well-being. The topics covered in this volume include decision making under the conditions of inter-temporal choices, risk and social relations, happiness and the neuro-scientific/biological basis of behavior. The book includes works of research, both theoretical and empirical, on time discounting, time preferences, risk aversion, altruism, social status, happiness, addiction, limited attention and health and financial investments. The authors of the chapters add supplementary discussions to survey more recent advances on related topics or to provide detailed information that were abbreviated in the original publications. The addenda will enable readers to deepen their understanding of decision making and human well-being.
Author(s): Shinsuke Ikeda, Hideaki Kiyoshi Kato, Fumio Ohtake, Yoshiro Tsutsui (eds.)
Edition: 1
Publisher: Springer Japan
Year: 2016
Language: English
Pages: XX, 717
Tags: Economics, general; Psychology, general
Front Matter....Pages i-xx
Front Matter....Pages 1-1
Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam....Pages 3-25
Simultaneous Measurement of Time and Risk Preferences: Stated Preference Discrete Choice Modeling Analysis Depending on Smoking Behavior....Pages 27-48
Time Discounting: Declining Impatience and Interval Effect....Pages 49-76
Non-parametric Test of Time Consistency: Present Bias and Future Bias....Pages 77-116
Loss of Self-Control in Intertemporal Choice May Be Attributable to Logarithmic Time-Perception....Pages 117-122
Experiments on Risk Attitude: The Case of Chinese Students....Pages 123-150
Front Matter....Pages 151-151
Interdependency Among Addictive Behaviours and Time/Risk Preferences: Discrete Choice Model Analysis of Smoking, Drinking, and Gambling....Pages 153-177
Discounting Delayed and Probabilistic Monetary Gains and Losses by Smokers of Cigarettes....Pages 179-196
Time Discounting and Smoking Behavior: Evidence from a Panel Survey....Pages 197-226
Smokers, Smoking Deprivation, and Time Discounting....Pages 227-253
The Effects of the Social Norm on Cigarette Consumption: Evidence from Japan Using Panel Data....Pages 255-273
Front Matter....Pages 275-275
Hyperbolic Discounting, the Sign Effect, and the Body Mass Index....Pages 277-313
Economic and Behavioral Factors in an Individual’s Decision to Take the Influenza Vaccination in Japan....Pages 315-337
Front Matter....Pages 339-339
Another Avenue for Anatomy of Income Comparisons: Evidence from Hypothetical Choice Experiments....Pages 341-384
Social Capital, Household Income, and Preferences for Income Redistribution....Pages 385-412
Front Matter....Pages 413-413
Koizumi Carried the Day: Did the Japanese Election Results Make People Happy and Unhappy?....Pages 415-438
Asking About Changes in Happiness in a Daily Web Survey and Its Implication for the Easterlin Paradox....Pages 439-461
Welfare States and the Redistribution of Happiness....Pages 463-491
Front Matter....Pages 493-493
Revealed Attention....Pages 495-522
Subjective Random Discounting and Intertemporal Choice....Pages 523-571
Front Matter....Pages 493-493
A Geometric Approach to Temptation....Pages 573-589
Front Matter....Pages 591-591
Prediction of Immediate and Future Rewards Differentially Recruits Cortico-Basal Ganglia Loops....Pages 593-616
Second-to-Fourth Digit Ratio and the Sporting Success of Sumo Wrestlers....Pages 617-635
Front Matter....Pages 637-637
Investors’ Herding on the Tokyo Stock Exchange....Pages 639-666
The Characteristics of Online Investors....Pages 667-685
Can Margin Traders Predict Future Stock Returns in Japan?....Pages 687-713
Back Matter....Pages 715-717
