Behavioral economics and austrian economics: Lessons for policy and the prospects of nudges
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Mark D. White, 2016. "Overview of Behavioral Economics and Policy," Palgrave Advances in Behavioral Economics, in: Sherzod Abdukadirov (ed.), Nudge Theory in Action, pages 15-36, Palgrave Macmillan.
- Sunstein, Cass R., 2015. "Choosing Not to Choose: Understanding the Value of Choice," OUP Catalogue, Oxford University Press, number 9780190231699.
- Mario J. Rizzo, 2016. "The Four Pillars of Behavioral Paternalism," Palgrave Advances in Behavioral Economics, in: Sherzod Abdukadirov (ed.), Nudge Theory in Action, pages 37-63, Palgrave Macmillan.
- Daniel Kahneman & Amos Tversky, 2013.
"Prospect Theory: An Analysis of Decision Under Risk,"
World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127,
World Scientific Publishing Co. Pte. Ltd..
- Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
- Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
- Shane Frederick & George Loewenstein & Ted O'Donoghue, 2002. "Time Discounting and Time Preference: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 351-401, June.
- Niclas Berggren, 2012.
"Time for behavioral political economy? An analysis of articles in behavioral economics,"
The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(3), pages 199-221, September.
- Berggren, Niclas, 2011. "Time for behavioral political economy? An analysis of articles in behavioral economics," Ratio Working Papers 166, The Ratio Institute.
- Daniel Kahneman, 2003. "Maps of Bounded Rationality: Psychology for Behavioral Economics," American Economic Review, American Economic Association, vol. 93(5), pages 1449-1475, December.
- Guala,Francesco, 2005.
"The Methodology of Experimental Economics,"
Cambridge Books,
Cambridge University Press, number 9780521618618, September.
- Guala,Francesco, 2005. "The Methodology of Experimental Economics," Cambridge Books, Cambridge University Press, number 9780521853408, September.
- Tasic Slavisa, 2011. "Are Regulators Rational?," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 17(1), pages 1-21, April.
- Ana C. Santos, 2007. "The 'materials' of experimental economics: technological versus behavioral experiments," Journal of Economic Methodology, Taylor & Francis Journals, vol. 14(3), pages 311-337.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bogliacino, Francesco & Codagnone, Cristiano, 2021.
"Microfoundations, behaviour, and evolution: Evidence from experiments,"
Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 372-385.
- Bogliacino, Francesco & Codagnone, Cristiano, 2017. "Microfoundations, Behaviour, and Evolution: Evidence from Experiments," MPRA Paper 82479, University Library of Munich, Germany.
- Schnellenbach, Jan & Schubert, Christian, 2015.
"Behavioral political economy: A survey,"
European Journal of Political Economy, Elsevier, vol. 40(PB), pages 395-417.
- Jan Schnellenbach & Christian Schubert, 2014. "Behavioral Political Economy: A Survey," CESifo Working Paper Series 4988, CESifo.
- Daniel Serra, 2019.
"La neuroéconomie en question : débats et controverses,"
CEE-M Working Papers
halshs-02160911, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
- Daniel Serra, 2019. "La neuroéconomie en question : débats et controverses," Working Papers halshs-02160911, HAL.
- Gilles GROLLEAU & Naoufel MZOUGHI & Sophie THOYER, 2015.
"Les incitations monétaires dans la politique agro-environnementale : peut-on faire mieux avec moins ?,"
Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 96(2), pages 241-258.
- GROLLEAU, Gilles & MZOUGHI, Naoufel & THOYER, Sophie, 2015. "Les incitations monétaires dans la politique agro-environnementale : peut-on faire mieux avec moins ?," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 96(2), June.
- Leigh Anderson & Kostas G. Stamoulis, 2006. "Applying Behavioural Economics to International Development Policy," WIDER Working Paper Series RP2006-24, World Institute for Development Economic Research (UNU-WIDER).
- Dorian Jullien & Nicolas Vallois, 2014.
"A probabilistic ghost in the experimental machine,"
Journal of Economic Methodology, Taylor & Francis Journals, vol. 21(3), pages 232-250, September.
- Dorian Jullien & Nicolas Vallois, 2012. "A Probabilistic Ghost in the Experimental Machine," GREDEG Working Papers 2012-05, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Dorian Jullien & Vallois Nicolas, 2014. "A probabilistic ghost in the experimental machine," Post-Print halshs-01069218, HAL.
- Dorian Jullien & Vallois Nicolas, 2014. "A probabilistic ghost in the experimental machine," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01069218, HAL.
- Hobman, Elizabeth V. & Frederiks, Elisha R. & Stenner, Karen & Meikle, Sarah, 2016. "Uptake and usage of cost-reflective electricity pricing: Insights from psychology and behavioural economics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 455-467.
- Brendan Markey-Towler, 2018. "Salience, chains and anchoring. Reducing complexity and enhancing the practicality of behavioural economics," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 2(1), pages 83-90, March.
- Xavier Gabaix, 2017.
"Behavioral Inattention,"
NBER Working Papers
24096, National Bureau of Economic Research, Inc.
- Gabaix, Xavier, 2018. "Behavioral Inattention," CEPR Discussion Papers 13268, C.E.P.R. Discussion Papers.
- Victor I. Espinosa & William Hongsong Wang & Jesús Huerta de Soto, 2022. "Principles of Nudging and Boosting: Steering or Empowering Decision-Making for Behavioral Development Economics," Sustainability, MDPI, vol. 14(4), pages 1-18, February.
- Mark Schneider, 2016. "Dual Process Utility Theory: A Model of Decisions Under Risk and Over Time," Working Papers 16-23, Chapman University, Economic Science Institute.
- Savage David A., 2016. "Surviving the Storm: Behavioural Economics in the Conflict Environment," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 22(2), pages 105-129, April.
- Tomasz Potocki, 2012. "Cumulative Prospect Theory as a model of economic rationality," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 31.
- Justyna Brzezicka & Radosław Wisniewski, 2014. "Homo Oeconomicus and Behavioral Economics," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 8(4), December.
- Eduard Marinov, 2017. "The 2017 Nobel Prize in Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 117-159.
- Committee, Nobel Prize, 2017. "Richard H. Thaler: Integrating Economics with Psychology," Nobel Prize in Economics documents 2017-1, Nobel Prize Committee.
- Floris Heukelom, 2007. "Who are the Behavioral Economists and what do they say?," Tinbergen Institute Discussion Papers 07-020/1, Tinbergen Institute.
- Frederiks, Elisha R. & Stenner, Karen & Hobman, Elizabeth V., 2015. "Household energy use: Applying behavioural economics to understand consumer decision-making and behaviour," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 1385-1394.
- Mina Ličen & Sergeja Slapničar, 2022. "Can process accountability mitigate myopic biases? An experimental analysis," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 33(1), pages 1-26, March.
- Franziska Ziegelmeyer, 2010. "Elterliche Stellvertreterentscheidungen und frühkindliche Humankapitalbildung," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 79(3), pages 57-77.
More about this item
Keywords
austrian economics; behavioral economics; policy; biases; nudges;All these keywords.
JEL classification:
- B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:beh:jbepv1:v:1:y:2017:i:1:p:73-78. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SABE (email available below). General contact details of provider: https://edirc.repec.org/data/sabeeea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.