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Towards a Unity of the Human Behavioral Sciences

open access: yesPapers, 2006
Despite their distinct objects of study, the human behavioral sciences all include models of individual human behavior. Unity in the behavioral sciences requires that there be a common underlying model of individual human behavior, specialized and ...
Herbert Gintis
doaj   +1 more source

Risk aversion, path dependency and financial economic decision-making in low-income communities: Experimental evidence from South Africa

open access: yesJournal of Economic and Financial Sciences, 2020
Orientation: Poverty is deeply entrenched in South Africa, and various initiatives to reduce it have not been successful. Behavioural economics may help explain this by testing whether individuals exhibit path dependence when making decisions under ...
Syden Mishi   +3 more
doaj   +1 more source

Neural network models of learning and categorization in multigame experiments

open access: yesFrontiers in Neuroscience, 2011
Previous research has shown that regret-driven neural networks predict behavior in repeated completely mixed games remarkably well, substantially equating the performance of the most accurate established models of learning.
Davide eMarchiori, Massimo eWarglien
doaj   +1 more source

The Evolution of Homo Economicus

open access: yesVestnik MGIMO-Universiteta, 2016
The article provides a review of the ways in which interdisciplinary research in modern economic thought gives a more realistic understanding of human behavior and economic decision making. On the one hand, economic imperialism drove wider application of
Natalia V. Komarovskaia
doaj   +2 more sources

Valuing Ambiguity: The Case of Genetically Engineered Growth Enhancers

open access: yesJournal of Agricultural and Resource Economics, 1993
A split-valuation method is developed and implemented to elicit the willingness to pay to consume- or avoid consuming- a product of ambiguous quality.
Brian L. Buhr   +3 more
doaj   +1 more source

Toward a cognitive science of markets: economic agents as sense-makers

open access: yesEconomics: Journal Articles, 2019
Behavioral economics aspires to replace the agents of neoclassical economics with living, breathing human beings. Here, the author argues that behavioral economics, like its neoclassical counterpart, often neglects the role of active sense-making that ...
Johnson Samuel G.B.
doaj   +1 more source

Resistant grape varieties and market acceptance: an evaluation based on experimental economics

open access: yesOENO One, 2018
We analyze consumers’ evaluations of white wines from resistant varieties, produced in the Languedoc winegrowing region of France (2016 vintage). We use the results from a laboratory experiment performed in Paris in June 2017, where a panel of more than ...
Alejandro Fuentes Espinoza   +4 more
doaj   +1 more source

Inflation expectations and perceptions: Experimental evaluations and opportunities for central banks’ communication policy

open access: yesJournal of New Economy
For most countries of the world, overcoming the economic consequences of the pandemic assumed a softening of monetary policy, which elevated inflation expectations. Their return to moderate values has become one of the key objectives of the central banks’
Irina A. Beloglazova   +2 more
doaj   +1 more source

Do Economists Punish Less?

open access: yesGames, 2018
A number of studies discuss whether and how economists differ from other disciplines in the amount that they contribute to public goods. We view this debate as incomplete because it neglects the willingness to sanction non-cooperative behavior, which is ...
Jonas Pilgaard Kaiser   +2 more
doaj   +1 more source

Polarized Preferences in Homegrown Value Auctions

open access: yesJournal of Agricultural and Resource Economics, 2013
Homegrown value-auction experiments are useful for exploring preferences for controversial product attributes. These auctions have emphasized estimating the effect of the attribute on the willingness to pay (WTP) for a product.
Terrance M. Hurley   +2 more
doaj   +1 more source

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