Here are 49 books that Sludge fans have personally recommended if you like
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I’m a Swiss researcher and university professor who applies mathematics and psychology to build quantitative models for financial decision-making. Most of my scientific contributions belong to a field of research called behavioral finance, that is, the study of how psychology affects financial decisions. I love mathematics, and I am fascinated by its ability to describe complex mechanisms, including those that generate human behavior.
From this book, I learned that cognitive errors and human misbehaviours are not necessarily in contradiction to rationality.
It taught me that the generally negative perspective on psychological mechanisms provided by behavioural economics is limited. By contrast, a deeper understanding of what rationality means is needed. This book enriched my own way of analyzing how psychological factors impact daily decisions.
For a long time, economists have assumed that we were cold, self-centred, rational decision makers - so-called Homo economicus; the last few decades have shattered this view. The world we live in and the situations we face are of course rich and complex, revealing puzzling aspects of our behaviour. Optimally Irrational argues that our improved understanding of human behaviour shows that apparent 'biases' are good solutions to practical problems - that many of the 'flaws' identified by behavioural economics are actually adaptive solutions. Page delivers an ambitious overview of the literature in behavioural economics and, through the exposition of these…
I’m a Swiss researcher and university professor who applies mathematics and psychology to build quantitative models for financial decision-making. Most of my scientific contributions belong to a field of research called behavioral finance, that is, the study of how psychology affects financial decisions. I love mathematics, and I am fascinated by its ability to describe complex mechanisms, including those that generate human behavior.
The book was, for me, an inspiring journey and an enriching learning experience. While conventional behavioral finance tends to analyze deviations from rationality within economic decisions, this book diverges, offering a holistic behavioral framework.
I like that the book views individuals not merely as economic agents but as complete beings, with financial well-being acting as a gauge for overall life prosperity. I believe that Prof. Statman's third generation of behavioral finance represents a paradigm shift towards a constructive scientific approach. I fully share its primary objective to empower individuals in their pursuit of personal fulfillment and satisfaction.
Unravel the complex relationship between finances and life well-being
In A Wealth of Well-Being: A Holistic Approach to Behavioral Finance, Professor Meir Statman, established thought leader in behavioral finance, explores how life well-being, the overarching aim of individuals in the third generation of behavioral finance, is underpinned by financial well-being, and how life well-being extends beyond financial well-being to family, friendship, religion, health, work, and education.
Combining recent scientific findings by scholars in finance, economics, law, medicine, psychology, and sociology with real-life stories at the intersection of finances and life, this book allows readers to clearly see how finances are…
I’m a Swiss researcher and university professor who applies mathematics and psychology to build quantitative models for financial decision-making. Most of my scientific contributions belong to a field of research called behavioral finance, that is, the study of how psychology affects financial decisions. I love mathematics, and I am fascinated by its ability to describe complex mechanisms, including those that generate human behavior.
This book inspired me to apply quantitative and theoretical models to analyse the impact of human psychology on financial decision-making. The book is sometimes a bit technical, but I felt that that the explanations around the mathematical requirements sufficiently supported the development of my own intuition about their economic and psychological motivation.
I learned from this book how to combine economic theory and psychology to explain empirical and experimental evidence on asset prices. As a mathematician, I was excited to learn how Prof. Shefrin mathematically included psychological factors in classical models for financial decision-making and analyzed the implications for asset prices.
Behavioral finance is the study of how psychology affects financial decision making and financial markets. It is increasingly becoming the common way of understanding investor behavior and stock market activity. Incorporating the latest research and theory, Shefrin offers both a strong theory and efficient empirical tools that address derivatives, fixed income securities, mean-variance efficient portfolios, and the market portfolio. The book provides a series of examples to illustrate the theory.
I’m a Swiss researcher and university professor who applies mathematics and psychology to build quantitative models for financial decision-making. Most of my scientific contributions belong to a field of research called behavioral finance, that is, the study of how psychology affects financial decisions. I love mathematics, and I am fascinated by its ability to describe complex mechanisms, including those that generate human behavior.
This book is certainly the most technical among my favorites. However, I cannot resist listing it here because I really love it. Honestly, I highly esteem Peter Wakker, and I learned tremendously much from his scientific papers. Therefore, I read this book with high expectations, and these were fully fulfilled.
I learned from this book what prospect theory is and how it developed. I learned Prof. Wakker’s view on decision theory, and this strongly shaped my personal understanding of many decision-theoretical problems.
Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible textbook treatment of the way decisions are made both when we have the statistical probabilities associated with uncertain future events (risk) and when we lack them (ambiguity). The book presents models, primarily prospect theory, that are both tractable and psychologically realistic. A method of presentation is chosen that makes the empirical meaning of each theoretical model completely transparent. Prospect theory has many applications in a wide variety of disciplines. The material in the book has been carefully organized to allow readers to select pathways through the book relevant to…
My interest in bureaucratic power and its pervasive control grew out of my social and feminist activity no less than from my critical thinking about State institutions. Combining field research as a social anthropologist with my activism exposed me to the harmful implications of bureaucratic power. I delved into social and gender power relations in contexts like absorption centers with immigrants from Ethiopia, women's empowerment projects in "developing" countries, threatened motherhood in the welfare state, and others. My personal experience as an involved participant enabled me to better understand the ethnocentric and exploiting nature of international development projects, of Israeli "absorbing" agencies, and of child care policies.
This book served me greatly in teaching courses on education and social stratification in Israel.
Its ethnography is fascinating and although it was published some 55 years ago its insights are still compelling and relevant. The book exposes the veiled bureaucratic interests which pull the strings behind the curtains of the educational system rather than ideals of justice and equity.
This critical analysis influenced my understanding with regard to the emergence of discrimination and racism that were the outcomes of concentrating Ethiopian children in separate classes for a long time.
My interest in bureaucratic power and its pervasive control grew out of my social and feminist activity no less than from my critical thinking about State institutions. Combining field research as a social anthropologist with my activism exposed me to the harmful implications of bureaucratic power. I delved into social and gender power relations in contexts like absorption centers with immigrants from Ethiopia, women's empowerment projects in "developing" countries, threatened motherhood in the welfare state, and others. My personal experience as an involved participant enabled me to better understand the ethnocentric and exploiting nature of international development projects, of Israeli "absorbing" agencies, and of child care policies.
I cherish this groundbreaking book because it clarified to me the role of State bureaucracy behind various social phenomena, among which are: the connection between bureaucrats' power and violent behavior and the profound impact of State agencies on immigrants' integration processes.
The book's theoretical approach, which is based on power-dependence relations, encouraged me in analyzing the absorption of immigrants from Ethiopia (my PhD thesis) in terms of bureaucratic control rather than through cultural background and differences.
Not less important, this book was authored by the late Prof. Emanuel Marx, who was my admired supervisor and a very dear friend for over 40 years.
First published in 1976. Violent behaviour occurs in every society. It grows out of the social order and can therefore be understood only in a social context. This book examines an orderly and relatively tranquil society, a small Israeli town settled by new immigrants, which is run by public agencies who pour in their resources to maintain the inhabitants. Circumstances have made the town an egalitarian society, but also limit its members' economic opportunities. This society has produced its special combinations of violent behaviour. The analysis extensively employs the 'case method' which has increasingly been used by social anthropologists.
I’m fascinated by the obsession that we as a society have with making policy, but not whether policy works, and how policy is treated as a magic bullet to the social problems that we all care about. But my experience is that it’s not ideas that solve problems; it’s action that solves problems. This fascination has led me to become a professor of public policy and administration, where I have read extensively about this issue for over a decade and written two books and over four dozen articles. My work focuses on how ideas are translated into actions and how those actions impact our communities.
The thing I love about this book is that it illustrates how difficult the jobs of street-level bureaucrats (i.e., public servants working directly with the public at the street level) are.
Being a cop, teacher, social worker, etc. is a lot more complex than what it looks like from the outside because it’s not just about helping citizens; it’s also about navigating all the rules and policies that govern how public services are delivered.
It’s impossible to read this book and not walk away with a respect for how hard those jobs are.
I’ve been fascinated with forests ever since running wild as a kid in the Appalachian woods of Pennsylvania. Now living at the edge of the Pacific in the Coast Range in Oregon, I’ve engaged with a host of forest issues involving watershed health, wilderness protection, fire management, and fish. Among the 30 books I’ve written, three are germane here: Trees and Forests of America, Twilight or the Hemlocks and Beeches, and America’s Great Forest Trails. I’m always learning more by reading everything I find about forests. For my afternoon break and exercise I typically work on my own 8-acre wooded parcel where I maintain trails, eradicate exotic invaders, and restore native trees.
Another classic, Understanding Forests is the finest all-around narrative explaining the values of forests and the nuts and bolts of their management, their mismanagement, the bureaucracies of forestry and how they function, the needed reforms, and the political strides that must be taken, both twenty-five years ago and now. In one or two sittings a forest advocate can graduate from knowing very little to having an effective grasp of what we need to do for better care of our forests.
Provides an introduction to the complex ecosystem of the North American forest and the economic, social, and political issues that are crucial to forest preservation
My passion for leadership and aspiring women leaders comes from my own leadership experiences and working with women and men executives and aspiring executives, every day. I had to make some difficult work choices in my 20s and 30s (with four young children) and was wonderfully supported by some wise women. Many of my choices were different from my peers and we continue to have to make more difficult choices than our male colleagues. We need to help each other, every day. I lead a blended life co-leading an executive search and leadership advisory firm, while also being a mother, grandmother, wife, mentor, friend, and lover of good music, theatre, food, wine, and curious people.
Covey’s book unlocks the nature of Trust and its critical value in life and leadership.
He explains that trust is about confidence in a person or relationship. To be trusted we need to be credible and he illuminates the four cores of credibility in two categories – our confidence in someone’s Characterand our confidence in their Competence. The two core attributes of Characterare Integrity and Intent. The two core attributes of Competenceare Results and Credibility.
This clear explanation, and some of Covey’s diagnostics, have been very helpful to me in really understanding the notion of Trust and then working with executive to enable them to build greater trust and vulnerability with each other. Trust is the bedrock of great teams and great relationships.
From Stephen R. Covey's eldest son come a revolutionary book, now in handy B-format, that will guide business leaders, public figures and their organizations towards unprecedented productivity and satisfaction. Trust, says Stephen M. R. Covey, is the very basis of the 21st century's global economy, but its power is generally overlooked and misunderstood. Covey shows you how to inspire immediate trust in everyone you encounter - colleagues, constituents, the marketplace - allowing you to forego the time-killing and energy-draining check and balance bureaucracies that are so often relied upon in lieu of actual trust.
I have had an affinity for nature since my childhood, but I did not train as an ecologist. An increasing concern about the environment, and the people more adversely affected by ecological degradation, made me switch careers early. I have worked on issues around conservation, land and forest rights of indigenous communities, and on the importance of nature in cities. Today I am an educator with a responsibility to communicate not only about environmental issues, but why it is a priority for communities in India. I am proud to be a part of the community of women writers on the environment in India whose voices and experiences need to be heard.
Who among us has not looked at our published academic paper and felt that tinge of sadness at so much left unsaid? This book is about all that is left unsaid—an entertaining account of the many stories behind the data collected for research that does not make it into our sanitised published papers. Traversing different parts of North India, two young women carrying out conservation research encounter not just nature but also opinionated men, corrupt officials, and a bureaucracy that worked at a frustrating snail’s pace. The accounts in the book are hilarious and relatable to anyone who has done field research, ecological or otherwise in India, where data collection is interspersed with memorable and amusing everyday conversations with a range of people. This is a book I would have loved to write myself. And I hope I still can someday, in my own way.
