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Over the last few decades behavioral economics has revolutionized the discipline. It has done so by putting the human back into economics, by recognizing that people sometimes make mistakes, care about others, and are generally not as cold and calculating as economists have traditionally assumed. The results have been exciting and fascinating, and have fundamentally changed the way we look at economic behaviour. This textbook introduces all the key results and insights of behavioral economics to a student audience. Ideas such as mental accounting, prospect theory, present bias, inequality aver.

Since 2001, when energy tycoon Enron and its auditor Arthur Andersen caused one of the biggest corporate scandals in the history of the U.S. economy due to a manipulation of Enrons balance sheets, Corporate Compliance instruments to prevent occupational fraud have been on the rise globally.As a result of even further corporate scandals in the following years, the U.S. government introduced various laws for companies doing business in or with the United States of America. These laws legally mandated e.g. the implementation of a host of internal controls to prevent and/or detect fraud. But despite the laws, various further big corporate scandals have erupted organizations, the media and the public over the last couple of years. To name only three: (1) the Libor manipulation at Deutsche Bank and other global banks in the finance industry of 2012, (2) the country-rigging scandal at the oil giant Petrobras in Brazil of 2014 or (3) the emissions scandal ("Dieselgate") scandal at Volkswagen and other global car manufactures of 2015. These above-mentioned corporate scandals are just three cases exemplifying that Corporate Compliance runs short on protecting companies and shareholders from self-seeking fraudsters because all of these aforementioned examples had compliance monitoring systems in place. Therefore, it is about time to rethink Corporate Compliance to prevent occupational fraud more effectively.This dissertation sets the ground for a behavior-oriented compliance (Behavioral Compliance) and aims at helping Corporate Compliance to be more effective in occupational fraud prevention and detection. But how? By taking a closer look at those people who (1) commit fraud (fraudsters, non-compliant) and (2) report fraud (whistleblowers, compliant). Learning about the motivation leading to their behavior will provide useful insights for fraud prevention and detection.

1: Introducing Behavioral Insights -- 2: The History and Thought behind Behavioral Insights -- 3: Examples of Behavioral Insights in Practice -- 4: Applying Behavioral Insights -- 5: Criticisms, Considerations, and Limitations -- 6: The Future of Behavioral Insights -- Glossary -- Notes -- Further Reading -- Index.

An accessible introduction to the behavioral insights approach, which applies evidence about human behavior to practical problems. Our behavior is strongly influenced by factors that lie outside our conscious awareness, although we tend to underestimate the power of this "automatic" side of our behavior. As a result, governments make ineffective policies, businesses create bad products, and individuals make unrealistic plans. In contrast, the behavioral insights approach applies evidence about actual human behavior--rather than assumptions about it--to practical problems. This volume in the MIT Press Essential Knowledge series, written by two leading experts in the field, offers an accessible introduction to behavioral insights, describing core features, origins, and practical examples.

Angesichts der Volatilität und zunehmenden Anomalien auf den Finanz- und Kapitalmärkten wächst die Bedeutung der Behavioral Finance, der verhaltensorientierten Finanzmarkttheorie. Diese beschäftigt sich mit der Psychologie der Kapitalanleger und versucht zu zeigen, wie Anlageentscheidungen am Finanz- und Kapitalmarkt zustandekommen. Dabei wird klar, dass Menschen - entgegen der häufig unterstellten Annahme des rational agierenden Homo oeconomicus - hier irrational handeln und deshalb häufig fehlerhafte Entscheidungen treffen. Das vorliegende, bewusst kurzgefasst und anschaulich geschriebene Lehrbuch führt vor dem Hintergrund der aktuellen Finanzmarktentwicklung in die Grundlagen der Behavioral Finance ein, zeigt die wesentlichen Theoriebausteine und gibt damit Anhaltspunkte für ein aus Sicht der verhaltensorientierten Markttheorie sinnvolles Anlegerverhalten.

Behavioral geography encompasses a broad field of human geography that became influential during the 1960s and 1970s. It emerged in reaction to the "quantitative turn" associated with the spatial sciences paradigm of the 1950s and 1960s. A fundamental goal of behavioral geography is to understand how and why people perceive environments in the way they do, and how these perceptions influence actual spatial behavior. Behavioral geography, which was largely responsible for introducing behavioralism to human geography, is best thought of as an approach rather than as a separate subdiscipline, given the breadth of philosophical perspectives, research foci, and methodologies that it fostered. Behavioral approaches in human geography were applied to a range of topics, including natural hazards, urban and rural residents' cognition of their built and natural environments, and people's affective belonging to place. Although segments of the approach were criticized for their, inter alia, positivism, lack of scientific rigor, and failure to challenge the status quo of society, the behavioral approach to human geography facilitated a greater engagement with philosophical and epistemological issues, forged productive interactions and relationships with cognate disciplines, and helped lay the conceptual and methodological groundwork for human geographers to engage with contemporary social, environmental, and political issues of public policy relevance.