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Behavioural Economics in Unfair Contract Terms [PDF]
Behavioural law and economics, Information disclosure, Consumer policy, Standard form contracts,
Michael Faure
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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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An introduction to the behavioural economics of the environment
2022We provide an overview of recent developments in the new field of behavioural environmental economics, starting from a brief presentation of the book structure and paying particular attention to behavioural and methodological aspects. We conclude the chapter by discussing novel frontiers and proposing avenues for further research in the field.
A. Bucciol, A. Tavoni, M. Veronesi
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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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Behavioural Economics is a relatively new school of economic thought and can encompass a number of strands such as ‘new institutional/transaction cost economics’, economic psychology and psychological economics, consumer behaviour and decision theory.
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The Duality of Technology and Economic Behaviour
The Review of Economic Studies, 1974The usual starting-point of the modern theory of production is the set of production possibilities, consisting of all production plans available to the producing unit.3 Given the properties of the set of feasible production plans, the production function and profit function can be derived and characterized. For any feasible plan the production function
Jorgenson, Dale W., Lau, Lawrence J.
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Advertising and Economic Behaviour
Operational Research Quarterly (1970-1977), 1976W. D. Reekie +4 more
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Economics and Consumer Behaviour.
Journal of the Royal Statistical Society. Series A (General), 1981R. P. Byron +2 more
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A synthesis of behavioural and mainstream economics
Nature Human Behaviour, 2019Mainstream economic theory is based on the rationality assumption: that people act as best they can to promote their interests. In contrast, behavioural economics holds that people act by behavioural rules of thumb, often with poor results. We propose a synthesis according to which people indeed act by rules, which usually work well, but may work ...
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