Methodological challenges in Behavioural Economics: Towards a more holistic and empirically rooted economic science
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Daniel Kahneman, 2003. "Maps of Bounded Rationality: Psychology for Behavioral Economics," American Economic Review, American Economic Association, vol. 93(5), pages 1449-1475, December.
- Akerlof, George A, 1984. "Gift Exchange and Efficiency-Wage Theory: Four Views," American Economic Review, American Economic Association, vol. 74(2), pages 79-83, May.
- George A. Akerlof, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(4), pages 543-569.
- Ernst Fehr & Lorenz Goette, 2007.
"Do Workers Work More if Wages Are High? Evidence from a Randomized Field Experiment,"
American Economic Review, American Economic Association, vol. 97(1), pages 298-317, March.
- Ernst Fehr & Lorenz G�tte, 2005. "Do Workers Work More if Wages are High? Evidence from a Randomized Field Experiment," IEW - Working Papers 125, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr & Lorenz Goette, 2007. "Do workers work more if wages are high? Evidence from a randomized field experiment," Natural Field Experiments 00240, The Field Experiments Website.
- repec:cup:judgdm:v:6:y:2011:i:6:p:552-564 is not listed on IDEAS
- Morris Altman, 2019. "Implications of smart decision-making and heuristics for production theory and material welfare," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 18(2), pages 167-179, December.
- Simon, Herbert A, 1978. "Rationality as Process and as Product of Thought," American Economic Review, American Economic Association, vol. 68(2), pages 1-16, May.
- Vernon L. Smith, 2003.
"Constructivist and Ecological Rationality in Economics,"
American Economic Review, American Economic Association, vol. 93(3), pages 465-508, June.
- Smith, Vernon L., 2002. "Constructivist and Ecological Rationality in Economics," Nobel Prize in Economics documents 2002-7, Nobel Prize Committee.
- James G. March, 1978. "Bounded Rationality, Ambiguity, and the Engineering of Choice," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 587-608, Autumn.
- North, Douglass C., 1971. "Institutional Change and Economic Growth," The Journal of Economic History, Cambridge University Press, vol. 31(1), pages 118-125, March.
- Vernon L. Smith, 1962.
"An Experimental Study of Competitive Market Behavior,"
Journal of Political Economy, University of Chicago Press, vol. 70(2), pages 111-111.
- Vernon L. Smith, 1962. "An Experimental Study of Competitive Market Behavior," Journal of Political Economy, University of Chicago Press, vol. 70(3), pages 322-322.
- George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
- Morris Altman, 1999. "The Methodology of Economics and the Survival Principle Revisited and Revised: Some Welfare and Public Policy Implications of Modeling the Economic Agent," Review of Social Economy, Taylor & Francis Journals, vol. 57(4), pages 427-449.
- Todd, Peter M. & Gigerenzer, Gerd, 2003. "Bounding rationality to the world," Journal of Economic Psychology, Elsevier, vol. 24(2), pages 143-165, April.
- Daniel Read, 2005. "Monetary incentives, what are they good for?," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(2), pages 265-276.
- Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
- Nathan Berg & Gerd Gigerenzer, 2010.
"As-if behavioral economics: neoclassical economics in disguise?,"
History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 18(1), pages 133-166.
- Berg, Nathan & Gigerenzer, Gerd, 2010. "As-if behavioral economics: Neoclassical economics in disguise?," MPRA Paper 26586, University Library of Munich, Germany.
- Tomer, John F., 2007. "What is behavioral economics?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(3), pages 463-479, June.
- Smith, Vernon L, 1976. "Experimental Economics: Induced Value Theory," American Economic Review, American Economic Association, vol. 66(2), pages 274-279, May.
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.- Morris Altman, 2019. "Implications of smart decision-making and heuristics for production theory and material welfare," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 18(2), pages 167-179, December.
- Altman, Morris, 2014. "Insights from behavioral economics on how labor markets work," Working Paper Series 3466, Victoria University of Wellington, School of Economics and Finance.
- Altman, Morris, 2014. "Insights from behavioral economics on how labor markets work," Working Paper Series 18843, Victoria University of Wellington, School of Economics and Finance.
- Altman, Morris, 2012. "Implications of behavioural economics for financial literacy and public policy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(5), pages 677-690.
- Morris Altman, 2018. "Extending the theoretical lenses of behavioral economics through the sociological prisms of Gary Becker," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 2(1), pages 45-51, March.
- Dariel, Aurelie & Riedl, Arno & Siegenthaler, Simon, 2021. "Referral hiring and wage formation in a market with adverse selection," Games and Economic Behavior, Elsevier, vol. 130(C), pages 109-130.
- 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.
- Hannah Josepha Rachel Altman & Morris Altman & Benno Torgler & Stephen Whyte, 2021. "Beauty and Preferences Formation Exemplified in the Sports Market," CREMA Working Paper Series 2021-10, Center for Research in Economics, Management and the Arts (CREMA).
- repec:ebl:ecbull:v:4:y:2006:i:33:p:1-7 is not listed on IDEAS
- Samuel Ferey & Yannick Gabuthy & Nicolas Jacquemet, 2013.
"L'apport de l'économie expérimentale dans l'élaboration des politiques publiques,"
Revue française d'économie, Presses de Sciences-Po, vol. 0(2), pages 155-194.
- Samuel Ferey & Yannick Gabuthy & Nicolas Jacquemet, 2013. "L'apport de l'économie expérimentale dans l'élaboration des politiques publiques," PSE-Ecole d'économie de Paris (Postprint) halshs-00879205, HAL.
- Samuel Ferey & Yannick Gabuthy & Nicolas Jacquemet, 2013. "L'apport de l'économie expérimentale dans l'élaboration des politiques publiques," Post-Print halshs-00879205, HAL.
- 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.
- Omar Al-Ubaydli & John A. List, 2019.
"How natural field experiments have enhanced our understanding of unemployment,"
Nature Human Behaviour, Nature, vol. 3(1), pages 33-39, January.
- Omar Al-Ubaydli & John List, 2019. "How natural field experiments have enhanced our understanding of unemployment," Natural Field Experiments 00649, The Field Experiments Website.
- Innocenti, Alessandro, 2010. "How a psychologist informed economics: The case of Sidney Siegel," Journal of Economic Psychology, Elsevier, vol. 31(3), pages 421-434, June.
- Vincze, János, 2018. "Szubsztantív vagy ökológiai racionalitás?. A pénzillúzió esete [Substantive or ecological rationality?. A case of the money illusion]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1097-1114.
- Ortmann, Andreas, 2003. "Charles R. Plott's collected papers on the experimental foundations of economic and political science," Journal of Economic Psychology, Elsevier, vol. 24(4), pages 555-575, August.
- Jingru Jia & Zehua Yuan, 2024. "An Experimental Study of Competitive Market Behavior Through LLMs," Papers 2409.08357, arXiv.org, revised Oct 2024.
- Franziska Rischkowsky & Thomas Döring, 2008. "Consumer Policy in a Market Economy Considerations from the Perspective of the Economics of Information, the New Institutional Economics as well as Behavioural Economics," Journal of Consumer Policy, Springer, vol. 31(3), pages 285-313, September.
- Omar Al-Ubaydli & John List, 2016.
"Field Experiments in Markets,"
Artefactual Field Experiments
j0002, The Field Experiments Website.
- Omar Al-Ubaydli & John List, 2017. "Field Experiments in Markets," Artefactual Field Experiments 00663, The Field Experiments Website.
- Omar Al-Ubaydli & John A. List, 2016. "Field Experiments in Markets," NBER Working Papers 22113, National Bureau of Economic Research, Inc.
- Rebitzer, James B. & Taylor, Lowell J., 2011.
"Extrinsic Rewards and Intrinsic Motives: Standard and Behavioral Approaches to Agency and Labor Markets,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 8, pages 701-772,
Elsevier.
- Rebitzer, James B. & Taylor, Lowell J., 2010. "Extrinsic Rewards and Intrinsic Motives: Standard and Behavioral Approaches to Agency and Labor Markets," IZA Discussion Papers 5058, Institute of Labor Economics (IZA).
- James B. Rebitzer & Lowell J. Taylor, 2010. "Extrinsic Rewards and Intrinsic Motives: Standard and Behavioral Approaches To Agency and Labor Markets," Economics Working Paper Archive wp_607, Levy Economics Institute.
- Sheen S. Levine & Mark Bernard & Rosemarie Nagel, 2018.
"Strategic intelligence: The cognitive capability to anticipate competitor behaviour,"
Strategic Management Journal, Wiley Blackwell, vol. 39(2), pages 527-527, February.
- Sheen S. Levine & Mark Bernard & Rosemarie Nagel, 2017. "Strategic Intelligence: The Cognitive Capability to Anticipate Competitor Behavior," Strategic Management Journal, Wiley Blackwell, vol. 38(12), pages 2390-2423, December.
More about this item
Keywords
behavioral economics; bounded rationality; heuristics; and biases; errors; institutional; asymmetric information; economic theory;All these keywords.
JEL classification:
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
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:5:y:2021:i:s3:p:19-33. 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.