Misbehaving: The Making of Behavioral Economics
This book is Nobel laureate Richard Thaler’s autobiography wherein he has covered the core concepts of behavioral economics. The book gracefully presents a wealth of evidence to clearly demonstrate how the human mind misbehaves. The illustrations are engaging and frequently hilarious as it attempts to explain things that we usually don’t intend to discuss. It can potentially change your perception of economics and the world. The book reveals that we often succumb to our cognitive biases and make decisions that are considered to be aberrations to rational thinking. This is what has been termed as misbehaving in the text. Description from WallStreetMojo.com.
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