Results 291 to 300 of about 321,740 (324)
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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
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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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2023
This chapter presents complementary methodologies to contemporary economic theory which focuses on price and income as determinants of labour supply. An alternative model is presented based on the realistic assumption that labour supply is affected by target income and, relatedly, to target non-market time (child care, other family responsibilities ...
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This chapter presents complementary methodologies to contemporary economic theory which focuses on price and income as determinants of labour supply. An alternative model is presented based on the realistic assumption that labour supply is affected by target income and, relatedly, to target non-market time (child care, other family responsibilities ...
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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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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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, 2005 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.openaire +2 more sources