Open Access. Powered by Scholars. Published by Universities.®

Behavioral Economics Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 17 of 17

Full-Text Articles in Behavioral Economics

Free The Market. Peter J. Boettke. Spanish Translation, Mario Šilar Oct 2011

Free The Market. Peter J. Boettke. Spanish Translation, Mario Šilar

Mario Šilar

No abstract provided.


Teoría Prospectiva, Efecto Marco Y Los Mensajes De Disuasión De Consumo De Tabaco En Colombia, Daniel Monroy Jun 2011

Teoría Prospectiva, Efecto Marco Y Los Mensajes De Disuasión De Consumo De Tabaco En Colombia, Daniel Monroy

Daniel A Monroy C

The main target of this reflex paper is to explain some ideas about behavioral economics, such as the Prospect Theory and the framing effect, as well as its possible implications for the law, especially in the context of tobacco control law in Colombia and the current package warning labels. The paper concludes that these warnings have the potential to reduce the tobacco consumption. However the effectiveness of these messages could be increased if the information is reframed in an alternative way.

This paper is based in other one called: "ANÁLISIS ECONÓMICO-CONDUCTUAL DE LA REGULACIÓN ANTITABACO EN COLOMBIA: El efecto marco …


Más Vale Malo Conocido Que…: El Efecto Dotación Y Los Pronósticos Teóricos Del Teorema De Coase, Daniel Monroy May 2011

Más Vale Malo Conocido Que…: El Efecto Dotación Y Los Pronósticos Teóricos Del Teorema De Coase, Daniel Monroy

Daniel A Monroy C

Some studies of the "endowment effect" in behavioral economics have criticized the theoretical prediction of the Coase Theorem even in its most basic formulation. This document describes the evidence of the existence of this "anomaly" in individual decision-making in various contexts in order to determine the possible general implications of this effect in the economic analysis itself especially as an explanation for the sometimes, insuperable gap between the willingness to accept for giving a right and the correlative willingness to pay to get it, also the paper describes a contradiction with the assumption of reversibility of preferences at any dot …


How Much Does A Belief Cost?: Revisiting The Marketplace Of Ideas, Gregory Brazeal Jan 2011

How Much Does A Belief Cost?: Revisiting The Marketplace Of Ideas, Gregory Brazeal

Gregory Brazeal

Justice Oliver Wendell Holmes, Jr. is often credited with creating the metaphor of “the marketplace of ideas,” though he did not use the exact phrase and his argument for free speech was not based on distinctively economic reasoning. Truly economic investigations of the marketplace of ideas have progressed in step with developments and trends in the law and economics literature. These investigations have tended to be one-sided, with writers focusing primarily either on the production of ideas (for example, Posner) or their consumption (for example, behavioral law and economics), without considering in depth how producers and consumers interact. This may …


Collective Choice, Justin Schwartz Jan 2011

Collective Choice, Justin Schwartz

Justin Schwartz

This short nontechnical article reviews the Arrow Impossibility Theorem and its implications for rational democratic decisionmaking. In the 1950s, economist Kenneth J. Arrow proved that no method for producing a unique social choice involving at least three choices and three actors could satisfy four seemingly obvious constraints that are practically constitutive of democratic decisionmaking. Any such method must violate such a constraint and risks leading to disturbingly irrational results such and Condorcet cycling. I explain the theorem in plain, nonmathematical language, and discuss the history, range, and prospects of avoiding what seems like a fundamental theoretical challenge to the possibility …


Natural Law Bibliography 1990-2010, Mario Šilar Jan 2011

Natural Law Bibliography 1990-2010, Mario Šilar

Mario Šilar

No abstract provided.


Antropología Filosófica Cristiana Y Economía De Mercado (Review). Revista Empresa Y Humanismo, Xiv/2, 2011, Pp. 121-127., Mario Šilar Jan 2011

Antropología Filosófica Cristiana Y Economía De Mercado (Review). Revista Empresa Y Humanismo, Xiv/2, 2011, Pp. 121-127., Mario Šilar

Mario Šilar

No abstract provided.


"Faraway So Close". Maestros Y Discípulos En La Era Digital, Mario Šilar Jan 2011

"Faraway So Close". Maestros Y Discípulos En La Era Digital, Mario Šilar

Mario Šilar

No abstract provided.


The Call Of The Entrepreneur (Acton Media): Un Análisis, Mario Šilar Jan 2011

The Call Of The Entrepreneur (Acton Media): Un Análisis, Mario Šilar

Mario Šilar

No abstract provided.


The Economics Of Caring And Sharing. D.R. Lee. Spanish Translation, Mario Šilar Jan 2011

The Economics Of Caring And Sharing. D.R. Lee. Spanish Translation, Mario Šilar

Mario Šilar

No abstract provided.


Austrian School In 10 Propositions, By Peter J. Boettke, Mario Šilar Jan 2011

Austrian School In 10 Propositions, By Peter J. Boettke, Mario Šilar

Mario Šilar

No abstract provided.


Christianism And Liberalism. Conference Script. Diego De Covarrubias. San Pablo Ceu, Madrid, 12.12.2011, Mario Šilar Jan 2011

Christianism And Liberalism. Conference Script. Diego De Covarrubias. San Pablo Ceu, Madrid, 12.12.2011, Mario Šilar

Mario Šilar

No abstract provided.


Un Significativo Y Poco Difundido Discurso De Benedicto Xvi: El Mensaje A La Academia Pontificia De Ciencias Sociales Del Año 2011, Mario Šilar Jan 2011

Un Significativo Y Poco Difundido Discurso De Benedicto Xvi: El Mensaje A La Academia Pontificia De Ciencias Sociales Del Año 2011, Mario Šilar

Mario Šilar

No abstract provided.


The Call Of The Entrepreneur (Acton Media): An Analysis, Mario Šilar Jan 2011

The Call Of The Entrepreneur (Acton Media): An Analysis, Mario Šilar

Mario Šilar

No abstract provided.


Regulaciones Que Nos Hacen Más Inteligentes, Daniel Monroy Jan 2011

Regulaciones Que Nos Hacen Más Inteligentes, Daniel Monroy

Daniel A Monroy C

En presente artículo es una síntesis de algunas ideas puntuales relacionadas con las posibles consecuencias y retos que puede tener para el derecho la asunción de algunas ideas propias de la economía conductual, tal como la aceptación relativa a que los individuos muestran en su toma de decisiones, en ocasiones, una fuerza de voluntad limitada.


Innovation Cooperation: Energy Biosciences And Law, Prof. Elizabeth Burleson Jan 2011

Innovation Cooperation: Energy Biosciences And Law, Prof. Elizabeth Burleson

Prof. Elizabeth Burleson

This Article analyzes the development and dissemination of environmentally sound technologies that can address climate change. Climate change poses catastrophic health and security risks on a global scale. Universities, individual innovators, private firms, civil society, governments, and the United Nations can unite in the common goal to address climate change. This Article recommends means by which legal, scientific, engineering, and a host of other public and private actors can bring environmentally sound innovation into widespread use to achieve sustainable development. In particular, universities can facilitate this collaboration by fostering global innovation and diffusion networks.


Tribes As Essential Partners In Achieving Sustainable Governance, Prof. Elizabeth Burleson Jan 2011

Tribes As Essential Partners In Achieving Sustainable Governance, Prof. Elizabeth Burleson

Prof. Elizabeth Burleson

Indigenous peoples have modeled sustainable development around the world. Incentivizing the innovation and instillation of wind, solar, and other renewable energy sources can come in the form of public funding, including renewable portfolio standards, feed in tariffs and green tag programs. This article analyzes ways in which tribal communities are helping to expand cooperative good governance.