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The behavioral and neoliberal foundations of randomizations

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  • Jean-Michel Servet

    (IHEID - Institut de hautes études internationales et du développement - UNIGE - Université de Genève = University of Geneva)

  • Bruno Tinel

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

One-sentence summary : Randomized controlled trials by behavioural economists pretend to be pragmatic and only interested in what really works to solve practical problems but in reality they have notorious normative and ideological aspects. Key points: Behavioural RCTs ignore contexts and composition effects and reflect the biases of those who perform assessments. Behavioural randomizers presume without demonstrating that market exchanges are the most effective form of regulation for societies in all situations of social life. The positive or negative incentives ("nudges") offered by behavioural economics aim to normalize the behaviour of consumers, users, employees or small/independent producers. They are part of a set of power devices by which individual behaviours are shaped and forced, without their knowledge, to conform to dominant class interests.

Suggested Citation

  • Jean-Michel Servet & Bruno Tinel, 2020. "The behavioral and neoliberal foundations of randomizations," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02562758, HAL.
    • Handle: RePEc:hal:cesptp:halshs-02562758
    DOI: 10.1002/jsc.2328
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02562758
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