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The Morality of Economic Behaviour
2020The links between self-interest and morality have been examined in moral philosophy since Plato. Economics is a mostly value-free discipline, having lost its original ethical dimension as described by Adam Smith. Examining moral philosophy through the framework provided by economics offers new insights into both disciplines and the discussion on the ...
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The politics of behavioural economics of law [PDF]
SSRN Electronic Journal, 2018 Hans-W. Micklitz searches for the politics of behavioural economics of law. It implies a need to place behavioural law and economics into context – historically, politically, philosophically, theoretically and methodologically. The overall argument is that it is economic efficiency that stands predominantly behind behavioural law and economics ...
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Behavioural Economics and Finance
2013Behavioural economics and behavioural finance are rapidly expanding fields that are continually growing in prominence. While orthodox economic models are built upon restrictive and simplifying assumptions about rational choice and efficient markets, behavioural economics offers a robust alternative using insights and evidence that rest more easily with
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2017
The rise of behavioural approaches in economics has been one of most significant developments in the study of economic decision-making in recent years. The increasingly acknowledged failings of standard models of choice to explain economic decisions has prompted economists to incorporate into their analysis psychological insights into individual ...
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The rise of behavioural approaches in economics has been one of most significant developments in the study of economic decision-making in recent years. The increasingly acknowledged failings of standard models of choice to explain economic decisions has prompted economists to incorporate into their analysis psychological insights into individual ...
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BEHAVIOURAL ECONOMICS AND PATERNALISM
Economics and Philosophy, 2017Abstract:Contemporary behavioural economics has documented common failures of reasoning that apparently make possible policies that benefit individuals by contravening or correcting their judgements. These policies appear to be paternalistic, even though a traditional view would deny that they are paternalistic on the grounds that policies such as ...
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From Economic Behaviour to Behavioural Economics
ACTA UNIVERSITATIS DANUBIUS. OECONOMICA, 2014Mainstream economics postulates the existence of an economic man endowed with rational and self-interested behaviour. The aim of this article is to analyze the relevance of this attributes, since the economic behaviour is, both, a form of human action and the object of the study of economics.
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Shackle and Behavioural Economics
2014Most economists who are familiar with the works of George Shackle probably view him primarily as someone who combined elements from, and contributed to, Austrian and Post Keynesian approaches to economics. In this chapter, however, we cast him in a different role, that of a pioneer in behavioural economics.
Bruce Littleboy, Peter E. Earl
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Behavioural Economics of Security
European Journal for Security Research, 2019For years, the field of behavioural psychology has shaped the understanding of human behaviour. More and more findings of that discipline are also applied in economics. However, potential implications for the specific area of economics of security have been widely ignored.
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Behavioural Economics and Game Theory
2008In traditional economic analysis, as well as in much of behavioural economics, the individual’s motivations are summarized by a utility function (or a preference relation) over possible payoff-relevant outcomes while his cognitive limitations are described as incomplete information. Thus, the standard economic theory of the individual is couched in the
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