In this review we discuss advances in the agent-based modeling of economic and social systems. We show the state of the art of the heuristic design of agents and how behavioral economics and laboratory experiments have improved the modeling of agent behavior. We further discuss how economic...

This paper conducts a systematic comparison of behavioral economics's challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and the...

Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...

Mithilfe von Experimenten lassen sich Entscheidungen und kognitive Verzerrungen in einem kontrollierten Umfeld untersuchen. Erkenntnisse aus Experimenten können Aufschluss darüber geben, wie Nudges effektiv und effizient angewendet werden können und wo von deren Nutzung abgesehen werden...

In this paper, we test whether promoting digital government tools increases the take-up of an important public health prevention service: cervical cancer screening. We implemented an at-scale field experiment in Uruguay, randomly encouraging women to make medical appointments with a digital...

In this article I argue that the study of contextual issues in economics has been limited in its scope because economists have mostly conceived of the environment as a constraint on individual action. I identify and discuss three conventions that pull economists into such conceptualization of...

Der Umgang mit Krisen, wie die Covid-19 Pandemie oder der Klimawandel, legen die Bedeutung des gesellschaftlichen Umgangs mit Wissen und Nichtwissen offen. Welches Wissen, welche Wissensträger*innen werden als legitim anerkannt? Welches Wissen gilt als Nichtwissen und wird nicht zur Erklärung...

Instrumente des Change Managements dienen in erster Linie dazu, Veränderungshemmnisse in Organisationen zu überwinden. Eine Voraussetzung für einen adäquaten Einsatz der Instrumente besteht darin, die Gründe für solche Hemmnisse zu identifizieren – eine Diagnose stellt eine wesentliche...

Numerous laboratory studies report on behaviors inconsistent with rational economic models. How much do these inconsistencies matter in natural settings, when consumers make large, real decisions and have the opportunity to learn from experiences? We report on a field experiment designed to...

Financial professionals play a key role in financial markets and the financial industry as a whole. Researchers in experimental economics and finance have therefore started to employ financial professionals as experimental participants. We examine this recent development in the field by...