Behavioral Economics Commons^™

Behavioral Economics And Poverty [En Español] Behavioral Economics Y Pobreza, Daniel A. Monroy

Daniel A Monroy C

No abstract provided.

Teoría De Negociación, Francisco Carlos Ruiz Diaz

Francisco Carlos Ruiz Diaz

¿Cómo negociar? ¿Cómo Rambo? ¿Cómo Bambi? ó ¿Cómo Rambi? Este documento contiene la presentación de tres estilos distintos de negociación. El primero se refiere al estilo competitivo. El segundo se centra en el enfoque cooperativo y sigue los principios de la teoría de negociación de Harvard. El tercer estilo es un mix de los dos enfoques.

Greece's Banking Sector Options, Warren Coats

Warren Coats

A review of the new Greek government's choices in its negotiations with its creditors, with a focus on the banking sector.

“The Influence Mix” – Information Access In The New Age And Empowerment Of Consumers ¿Decline Or Reformulation In Branding Development?, Alejandro Castro

Alejandro Castro

The new technological age is changing the rules in marketing. Now consumers are influenced by other sources of information and brands might be losing the battle. Itamar Simonson and Emanuel Rosen state in their book “Absolute Value” that consumers now base their decisions on reviews from other users, opinions and other emerging technologies that are turning choices more rational. Therefore traditional sources of information controlled by marketing are fading. In this article we focus on Brands and we answer the following question ¿Are we before a declining on branding or are we force to implement new marketing strategies for branding …

Sustainability And The Economics Of Embedded Values, Madhavi Venkatesan

Madhavi Venkatesan

Increasing global awareness of natural resource depletion, heightened weather-related volatility attributable to climate change, and the subsequent emergence of multi-disciplinary sustainability programs in higher education have pronounced the void in the explanatory discipline of economics to address the values that have yielded the economic and environmental outcomes observable in prevailing sustainability discussions. Economic theory, models, and analysis are central to a discussion of how individuals interact not only with one another but also with the environment. Further, the implicit inclusion of economics in the daily behavior of individuals and nations strongly influences the observations of global sustainability, including economic equity …

Behavioral Economics Y Políticas Públicas: Algunos Problemas Y Sus Soluciones / Behavioral Economics And Public Policies: Some Problems And Their Solutions [En Español], Daniel A. Monroy

Daniel A Monroy C

Abstract

The main target of this paper is to show a behavioral economics approach to –some– public policies from a descriptive and a normative point of view. To meet the target, (i) the paper summarizes two cognitive biases: the status quo bias and the endowment effect, and then shows how these biases could affect the effectiveness of public policies in some relevant contexts: the availability of human organs for transplantation; people's bad eating habits; and environmental resources management. In addition, (ii) the paper suggests some strategies (nudges) about how behavioral economics could inform policy maker to design or to improve …

Determinants Of Aggressiveness On The Soccer Pitch: Evidence From Fifa And Uefa Tournaments, Raul Caruso, Marco Di Domizio, David A. Savage

Raul Caruso

This paper examines the determinants of aggressiveness on the soccer pitch in 463 matches from FIFA (World Cup) and UEFA (Euro Cup) tournaments spanning from 1994 to 2012. We highlight the role of several measures of international rivalry between countries on the players’ aggressive behaviour

Malaysian Tax System And Individual Tax Knowledge, Noraza Mat Udin

NORAZA MAT UDIN

No abstract provided.

The Problem Of Rationality: Austrian Economics Between Classical Behaviorism And Behavioral Economics (Uncorrected Proof), Mario J. Rizzo

Mario Rizzo

In Part One we establish the rationale and substance of the Robbinsian middle ground – the psychical or mind-dependent character of economics. To accomplish this we explore three post-Wieserian frameworks for Austrian economics: (1) the phenomenological social science of Alfred Schutz; (2) the structure of mind analyzed by Hayek in The Sensory Order; and (3) the later Wittgenstein’s logical analysis of thought. While there are no doubt differences among these approaches we find that they are broadly consistent way of establishing the essential mind-dependency of economics. In Part Two we directly examine the basic issues involved in the characterization of …

The Problematic Welfare Standards Of Behavioral Paternalism, Douglas Glen Whitman, Mario J. Rizzo

Mario Rizzo

Behavioral paternalism raises deep concerns that do not arise in traditional welfare economics. These concerns stem from behavioral paternalism’s acceptance of the defining axioms of neoclassical rationality for normative purposes, despite having rejected them as positive descriptions of reality. We argue (1) that behavioral paternalists have indeed accepted neoclassical rationality axioms as a welfare standard; (2) that economists historically adopted these axioms not for their normative plausibility, but for their usefulness in formal and theoretical modeling; (3) that broadly rational individuals might fail to satisfy the axioms for various reasons, making them unpersuasive as normative criteria; and (4) that even …