Of the twenty most costly catastrophes since 1970, more than half have
occurred since 2001. Is this an omen of what the 21st century will be? How might
we behave in this new, uncertain and more dangerous environment? Will our
actions be rational or irrational?

A select group of scholars, innovators, and Nobel Laureates was asked to
address challenges to rational decision making both in our day-to-day life and
in the face of catastrophic threats such as climate changes, natural disasters,
technological hazards, and human malevolence. At the crossroads of decision
sciences, behavioral and neuro-economics, psychology, management, insurance, and
finance, their contributions aim to introduce readers to the latest thinking and
discoveries.

The Irrational Economist challenges the conventional wisdom about how
to make the right decisions in the new era we have entered. It reveals a
profound revolution in thinking as understood by some of the greatest minds in
our day, and underscores the growing role and impact of economists and other
social scientists as they guide our most important personal and societal
decisions.

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