Behavioral Law and Economics Is Not Just a Refinement of Law and Economics
Œconomia, 2017 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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Economics unchained: Investigating the role of cryptocurrency, blockchain and intricacies of Bitcoin price fluctuations [PDF]
arXiv, 2023 This research paper presents a thorough economic analysis of Bitcoin and its impact. We delve into fundamental principles, and technological evolution into a prominent decentralized digital currency. Analysing Bitcoin's economic dynamics, we explore aspects such as transaction volume, market capitalization, mining activities, and macro trends. Moreover,
arxiv
Behavioural Economics and Economic Policy: A Comparative Study of Recent Trends
Œconomia, 2016 This paper discusses the influence behavioural economics has had on economic policy over the past few years, and also tackles the question of what developments in the near future are likely to look like.
Niels Geiger
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Assumptions, Applications and Implications of Modern Economic Analysis in Comprehending Neo-Classical Economics [PDF]
Social Science Chronicle, 2022 This research paper delves into the foundational principles, assumptions, applications, and limitations of neoclassical economics, presenting a comprehensive exploration of its significance in economic analysis, policy formulation, and the understanding ...
Nicole Dubois
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Weakened weekdays: lockdown disrupts the weekly cycle of risk tolerance
Scientific Reports, 2023 Risk tolerance decreases from Monday to Thursday and increases on Friday. Antecedents of this weekly risk cycle are difficult to investigate experimentally as manipulating the seven-day cycle is impractical.
Virginia Fedrigo +4 more
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Tree of Knowledge: an Online Platform for Learning the Behaviour of Complex Systems [PDF]
arXiv, 2021 Many social sciences such as psychology and economics try to learn the behaviour of complex agents such as humans, organisations and countries. The current statistical methods used for learning this behaviour try to infer generally valid behaviour, but can only learn from one type of study at a time.
arxiv
Heterogeneity in Risk-Taking During the COVID-19 Pandemic: Evidence From the UK Lockdown
Frontiers in Psychology, 2021 In two pre-registered online studies during the COVID-19 pandemic and the early 2020 lockdown (one of which with a UK representative sample) we elicit risk-tolerance for 1,254 UK residents using four of the most widely applied risk-taking tasks in ...
Benno Guenther +3 more
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‘Nudging’ behaviours in healthcare: insights from behavioural economics [PDF]
, 2015 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 ...
Voyer, Benjamin G.
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Solving Heterogeneous General Equilibrium Economic Models with Deep Reinforcement Learning [PDF]
arXiv, 2021 General equilibrium macroeconomic models are a core tool used by policymakers to understand a nation's economy. They represent the economy as a collection of forward-looking actors whose behaviours combine, possibly with stochastic effects, to determine global variables (such as prices) in a dynamic equilibrium.
arxiv
Nudging, shoving and budging: behavioural economic-informed policy [PDF]
, 2015 In recent years, behavioural economics has gained considerable traction in the policy discourse, with a particular conceptual framework called libertarian paternalism, which informs nudge policy, dominating.
Oliver, Adam
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