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matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
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In this paper, the author separates the economic from the psychological aspects of labor market behavior and argues that the psychological ones deserve careful study.
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Experimental psychology provides a drastically different picture of human abilities, motives, and behavior from that which predominates economic analyses. Individual preferences are normatively assumed to be well-ordered and consistent, but descriptively shown to be inconsistent and malleable....
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The idea of libertarian paternalism might seem to be an oxymoron, but it is both possible and legitimate for private and public institutions to affect behavior while also respecting freedom of choice. Often people's preferences are ill-formed, and their choices will inevitably be influenced by...
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This essay is about what behavioral economics has established, what the new research frontiers are, and what can be …
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This essay begins with introductions to the two sides of organizational economics: the economics of internal … economics and organizational economics are investigating new approaches to modeling economic actors (individuals and firms …, respectively). After these introductions to the two sides of organizational economics, the author then tries to connect "How Humans …
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