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Berg, Nathan - Volkswirtschaftliche Fakultät, … - 2006

economics. Motivated in part by the question of why labor economics has been a relatively slow adopter of behavioral theory … economists working in the neoclassical tradition have been relatively frank in revealing shortcomings of the neoclassical theory …

Persistent link: https://www.econbiz.de/10008694144

Experiments to generate new data about school choice

Berg, Nathan - Volkswirtschaftliche Fakultät, … - 2009

Behavioral/experimental economics is poised to enter a new phase in its relatively brief intellectual history, moving beyond empirical tests of standard behavioral assumptions in the social sciences to the problem of designing improved institutions that are tuned to fit real-world behavior. For...

Persistent link: https://www.econbiz.de/10008694149

Illusive competition in school reform: Comment on Merrifield's "Imagined evidence and false imperatives"

Berg, Nathan - Volkswirtschaftliche Fakultät, … - 2009

would require dealing with six potential pitfalls based on economic theory that might arise when attempting to move to …

Persistent link: https://www.econbiz.de/10008694160

Introduction: Behavioral economics, business decision making and applied policy analysis

Berg, Nathan - Volkswirtschaftliche Fakultät, … - 2007

elements of economic theory and experimental psychology. So far, the behavioural economics research agenda has concentrated on …. Forging a new normative economics based on behavioural theory is an ambitious project. There is not yet consensus, among … standard of perfect economic rationality, behavioural theory provides a new rationale for paternalistic intervention aiming to …

Persistent link: https://www.econbiz.de/10008756504

Behavioralizing Finance

Shefrin, Hersh - In: Foundations and Trends(R) in Finance 4 (2010) 1–2, pp. 1-184

Finance is in the midst of a paradigm shift, from a neoclassical based framework to a psychologically based framework. Behavioral finance is the application of psychology to financial decision making and financial markets. Behavioralizing finance is the process of replacing neoclassical...

Persistent link: https://www.econbiz.de/10010693712

Subjective Well-Being as Welfare Measure: Concepts and Methodology.

Fischer, Justina AV - Volkswirtschaftliche Fakultät, … - 2009

Happiness research is on the rise, but is confounded by competing definitions of subjective well-being based on co-existing concepts, resulting in differing measures and giving rise to different potential policy applications. This paper motivates the societal necessity for using well-being...

Persistent link: https://www.econbiz.de/10005078654

The Veblenian Roots of Institutional Political Economy

Ford, Kirsten - Department of Economics, University of Utah - 2011

The term “Institutional Economics” has been applied to some of capitalism’s strongest critics as well as its most ardent apologists. This paradox in terms has bred contradictory literature in development economics, some declaring the death of this line of thought while others herald its...

Persistent link: https://www.econbiz.de/10008872001

Foundations of The Economics of Time and Ignorance

Rizzo, Mario - In: The Review of Austrian Economics 26 (2013) 1, pp. 45-52

The Economics of Time and Ignorance grew out of the need to reinvigorate the Austrian School in light of the challenges of contemporary economics. It did this by re-examining the foundations of the Austrian tradition and by making explicit many of its hidden assumptions and implications. The...

Persistent link: https://www.econbiz.de/10010863626

The concept of orders of instruments and goods in J. Rae and C. Menger

Drakopoulos, Stavros - Volkswirtschaftliche Fakultät, … - 1998

developed a completely different theory which was driven by their respective conceptual framework. The purpose of this paper is …

Persistent link: https://www.econbiz.de/10011111433

Keynes’ Preface to the German Edition of the General Theory: Nazi Sympathies or Methodological Empathies?

Pernecky, Mark; Richter, Thomas - In: Forum for Social Economics 40 (2011) 2, pp. 253-264

Persistent link: https://www.econbiz.de/10009149530