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Behavioural economics and development economics
Behavioural economics incorporates insights from psychology to strengthen the explanatory power of microeconomics. As a result of the rapid expansion of behavioural economics in the recent past, it is increasingly becoming part of mainstream economics and its influence on policy formulation is growing.
Kebede, Bereket
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The Behavioural Economics of Culture
We make the case for further advancing cultural economics through the application of behavioural economics methods and insights. Behavioural economics offers a reconciliation of two distinct strands within cultural economics, one that observes ...
Robert Hoffmann, Bronwyn Coate
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London Business School Review, 2019
This chapter discusses behavioural economics, which is the study of the various factors that influence economic decision making. It examines the assumptions of the rational consumer and producer. The chapter starts by first defining behavioural economics.
David Faro, Redis Zaliauskas
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This chapter discusses behavioural economics, which is the study of the various factors that influence economic decision making. It examines the assumptions of the rational consumer and producer. The chapter starts by first defining behavioural economics.
David Faro, Redis Zaliauskas
+4 more sources
2008
Interest in the field of psychology and economics has grown in recent years, stimulated largely by accumulating evidence that the neoclassical model of consumer decisionmaking provides an inadequate description of human behaviour in many economic situations. Scholars have begun to propose alternative models that incorporate insights from psychology and
B. Douglas Bernheim, Antonio Rangel
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Interest in the field of psychology and economics has grown in recent years, stimulated largely by accumulating evidence that the neoclassical model of consumer decisionmaking provides an inadequate description of human behaviour in many economic situations. Scholars have begun to propose alternative models that incorporate insights from psychology and
B. Douglas Bernheim, Antonio Rangel
openaire +1 more source
‘Nudging’ Behaviours in Healthcare: Insights From Behavioural Economics [PDF]
Since the creation of the Behavioural Insight Team in 2010, the word ‘nudge’ has become a popular one in social and public policy. According to policymakers and managers, applications of behavioural economics to public sector management results in ...
Ben Voyer, Voyer, Benjamin G.
exaly +2 more sources
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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