This timely book makes a forceful argument that the analyses from behavioral economists are incomplete, the policies advocated by libertarian paternalists are misguided and unethical, and both actually reinforce the cognitive biases and dysfunctions that motivate 'nudges' in the first place. In...

Numerous laboratory studies find that minor nuances of presentation and description change behavior in ways that are inconsistent with standard economic models. How much do these context effect matter in natural settings, when consumers make large, real decisions and have the opportunity to...

The economics of "happiness" shares a feature with behavioral economics that raises questions about its usefulness in public policy analysis. What happiness economists call "habituation" refers to the fact that people's reported well-being reverts to a base level, even after major life events...

Economics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conception of rationality and self-interest...

Einleitung und Zielsetzung -- Zentrale Erkenntnisse der Verhaltensökonomik -- Staatsfinanzierung und Verhaltensökonomik -- Staatsausgaben und Verhaltensökonomik: Psychologie der öffentlichen Ausgabentätigkeit -- Markteingriffe und Verhaltensökonomik: Psychologie der Rechtfertigung und...

In der aktuellen Debatte über die Rolle von Unternehmen in der sich wandelnden Gesellschaft stellt sich immer stärker die Frage nach der sozialen Verantwortung. Experten aus Wissenschaft und Praxis untersuchen auf der Grundlage einer repräsentativen Befragung von mehr als 2.000 in der Schweiz...

This book presents institutional evolution and individual choice as codependent results of behavioral patterns. Drawing on F.A. Hayek's concepts of cognition and cultural evolution, Teraji demonstrates how the relationship between the sensory and social orders can allow economists to track...