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BEHAVIORAL ECONOMICS IN MODERN RESEARCH OF REGIONAL AND LOCAL DEVELOPMENT: THEORETICAL ASPECTS
. In terms (conditions) of socio-economic crisis, there are changes in the algorithms of acceptance of the investment, financial, management, and other decisions at various levels, which requires the emphasis on the patterns of behavior of participants ...
H. Voznyak , Kh. Patytska, Т. Kloba
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The objective of this review is to discuss the formation of knowledge proposed by Keynes on his Treatise on Probability, and the economic agents’ behavior in an uncertainty scenario presented on his General Theory, by the Narrative Economics’ and ...
GABRIEL VILELA RESENDE FREITAS
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Behavioral Law and Economics Is Not Just a Refinement of Law and Economics
A number of prominent advocates of applying behavioral economics to the law make the claim that behavioral law and economics is simply a refinement of traditional law and economics.
Steven M. Sheffrin
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Behavioral are crucial for understanding both the consumer’s attitude and firms’ attitude as well as for understanding the market outcomes. The past ten years brought a lot of attention from researchers and policy-makers on the behavioral economics issue.
Liviana Andreea Niminet
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Evolutionary Behavioral Economics [PDF]
This chapter explores how the economic model of individual behavior can be improved by incorporating a number of insights from evolutionary theory and complex systems theory. Insights from psychology, the neurosciences, and the behavioral strand of economics may be better understood from an evolutionary and complexity perspective.
Burnham, TC+10 more
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Homo Oeconomicus and Behavioral Economics
Recent years have witnessed a growing interest in behavioral trends in both economic theory and practical applications. As a science with vast potential for explaining complex market behaviors, behavioral economics is drifting away from the classical ...
Justyna Brzezicka, Radosław Wisniewski
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Original Institutional Economics and Behavioral Economics are two approaches that have challenged the conventional economics of their time regarding decision-making.
TAINARI TAIOKA+2 more
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Economics, like behavioral psychology, is a science of behavior, albeit highly organized human behavior. The value of economic concepts for behavioral psychology rests on (1) their empirical validity when tested in the laboratory with individual subjects and (2) their uniqueness when compared to established behavioral concepts.
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Rational economics in comparison to the case of behavioral economics [PDF]
This paper aims to represent the special characteristics of rational economics in comparison to the case of behavioral economics. Therefore, this analysis represents these issues and shows the main differences between the two concepts.
Challoumis Constantinos+2 more
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