Se realiza una revisión de literatura sobre la aversión al riesgo en la toma de decisiones médicas. Se presenta la aversión al riesgo desde las teorías de la utilidad esperada subjetiva y desde la utilidad esperada basada en rangos. Se revisan las metodologías de medición de la aversión...

English abstract: From the Behavioral Economics point of view, this paper presents a critic to one dimension of rational choice theory that is widely accepted by Law and Economics scholars. Our hypothesis is that (i) individuals deviate anomalously but predictably of normative assumption of...

English Abstract: The article discusses whether and to what extent experiments can contribute to a research paradigm based on the study of human behaviour in complex evolving environments and on the problem of asymmetric adjustment among different components of economic system along certain...

Spanish Abstract: El objetivo del artículo es efectuar una aproximación desde el behavioral economics a (algunas) políticas públicas desde un punto de vista descriptivo y normativo. Para cumplir el objetivo, (i) el artículo sintetiza dos sesgos cognitivos: el sesgo de status quo y el efecto...

A common assumption, often accepted by regulators – that individuals act only in their narrow self-interest – is false. Evidence from both the natural and social sciences suggests that most people are strongly motivated to cooperate and help one another. Organizations (such as Toyota and...

The voluntary supply of collective goods by nonprofit institutions has deserved little attention in the Public Choice literature, and the clasical nonprofits approach does not consider nonprofits supply as a collective decision, although individuals, either as consumers or as donors, are in the...

In defining the guidelines of central governments, regional and local, the participation of civil society has been incorporated as a guiding principle in the construction of development strategies. This initiative involves promoting the participation of people and strengthening civil...

The goal of this research is to find the determinants of individual participation on civil society organizations in Chile through a social capital approach, and to evaluate whether there is a relationship between participation and economic welfare. Several regressions that correct for double...