A method of economic analysis that applies psychological insights into human behavior to explain economic decision-making.
‘behavioral economics helps explain why people under-save for retirement’
‘Today, the thriving field of behavioral economics confirms his hypothesis.’
‘The more psychologically detailed insights of behavioural economics may also be promising.’
‘Their work is part of the growing field of behavioral economics, which seeks to explore the important role emotions play in financial decision-making.’
‘Regardless of the cogency of my interpretation, there is no doubt now that behavioral economics is on the ascent.’
‘Without realizing it, the courts have implemented the system that behavioral economics would find optimal.’
‘Deeper analysis of trust, habits, and perceptions, drawing from cognitive science and from behavioral economics, would certainly have been possible.’
‘Schlicht shows a remarkably up-to-date knowledge of economic psychology and behavioral economics.’
‘So let me put aside the contradictions of behavioural economics and rely instead on economic history.’
‘Even if there are some merits to behavioural economics, ignoring the real economy can only mean not solving the real problems we face.’
‘A lot of work coming out of behavioral economics challenges this view that humans act selfishly even in economic life, never mind social life.’
‘My favourite chapter describes the research of John List, a colleague of Levitt's, as he zaps some of the most famous results in behavioural economics.’
‘Benjamin's ultimate goal is to pursue his work in behavioral economics as a university professor.’
‘Behavioural economics, the application of psychological insights to economic theories and problems, has been growing in influence for decades.’
‘The book talks about all the interesting psychological studies cognitive psychology, evolutionary psychology, behavioral economics, experimental philosophy that illuminate how we think and act regarding fear.’
‘They will also find that his ideas contain elements of behavioral economics, feminist economics, the new institutional school, and the theory of "social capital."’
‘Call it behavioural economics or the psychology of spending, all of us, whether we know it or not, take our emotions, eccentricities and idiosyncrasies to the cash register.’
‘Here at Harvard there is a tremendous enthusiasm for behavioral economics and the intersection between psychology and economics.’
‘Such insights draw on behavioral economics, an increasingly popular field that incorporates elements from psychology to explain why people make seemingly irrational decisions.’
‘Behavioral economics should complement, not substitute for, more substantive economic interventions.’
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