Besides the numerous effects that the financial crisis of 2007 has produced over the entire global economy, its onset has reopened fundamental discussions on the methodology of the economic science. One of the main controversies in the literature revolves around the nature of the neoclassical...

The ”mainstream” neoclassical assumptions about human economic behavior are currently challenged by both behavioural researches on human behaviour and other theoretical approaches which, in the context of the recent economic and financial crisis find arguments to reinforce their theoretical...

Der Beitrag möchte ein besseres Verständnis der inter- und transnationalen Verbreitung von Nudging als einem Subtypus von Verhaltenspolitik schaffen. Auf der Grundlage einer Dokumentenauswertung und von Interviews diskutieren wir in zwei Schritten, wie die Entstehungs- und Erfolgsbedingungen...

Preise (awards) stellen im Rahmen eines Wettbewerbs aus dem Teilnehmerfeld den Besten heraus. Sie sind damit ein vereinfachtes, meist positives Signal, damit soll belohnt, Transparenz erhöht sowie Verbesserungs- und Nachahmeffekte erzielt werden. In diesem Sinne ist ein Nachhaltigkeitsaward ein...

This paper has two objectives. First it provides a correlation between internal and external barriers to energy efficiency and consumer behaviour related to two domains. It evaluates behaviour related to energy curtailment, which represents routine, repetitive effort to decrease consumption on a...

Our paper explores how participants of voluntary transparency systems react to the cancellation of such programmes. We concern ourselves with participants of the voluntary transparency scheme known as the 'North Rhine-Westphalia Smiley'. The Smiley system, which awarded the compliant behavior of...

Summary “Never change a winning team” is a well-known heuristic that recommends not altering the composition of successful teams. Using game-level observations of the highest German soccer league over a period of seven seasons, we find that the number of changes in the starting line-up is...

Four types of economics" relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural Economics). The paper argues that an extension of...

This paper considers Ireland's banking crisis from the perspective of behavioural economics. It assesses whether known biases in judgement and decision-making were instrumental in the development and severity of the crisis. It investigates evidence that key decision-makers, including consumers,...

The Big Issue is a not-for-profit organisation that gives homeless people the opportunity to reclaim ownership over their lives by selling a street magazine. The vendors must purchase the magazine from the Big Issue office before making sales, and may do so multiple times each day. The vendors...