Over the last 10 years, Behavioral Economics (BE) has become increasingly popular (see Google Trends chart below). According to BE, people’s economic decisions are often less guided by stable ...
It is a bit difficult to say what criteria should be used to judge the success or failure of a research initiative on the scale of merging psychology and economics. Two reasonable criteria, at least ...
Overall then, while Peters' assertions do not abolish the traditional perspectives of economics and behavioral economics, his assertions can add a more understanding, compassionate, and positive ...