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Behavioral economics

Definition

Behavioral economics is the study of the psychological factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory.

Related concepts

AGM postulates A Behavioral Theory of the Firm Abhijit Banerjee Accelerator effect Accident-proneness Acquired characteristic Adam Smith Adaptationism Adaptive market hypothesis Adaptive unconscious Administered prices Affect (psychology)Affect display Affectional bond Affective forecasting Affective neuroscience Affordable Care Act tax provisions Age disparity in sexual relationships Aggregation problem Aggression Agricultural economics Albert O. Hirschman Aldo Rustichini Altruism Altruism (biology)Alvin E. Roth American Economic Association American School (economics)Amos Tversky Anchoring (cognitive bias)Ancient economic thought Andrei Shleifer Andrew Lo Animal-made art Animal Spirits (Keynes)Animal cognition Animal communication Animal consciousness Animal culture Animal language Animal navigation Animal training Applied economics Approximate number system Arachnophobia Ariel Kalil Armen Alchian Armin Falk Artificial intelligence Attachment in adults Attachment in children Attachment theory Austrian School Automatic and controlled processes Avanidhar Subrahmanyam Average cost Avner Greif Backwardness Baldwin effect Barriers to entry Behavioral Strategy Behavioral contagion Behavioral epigenetics Behavioral game theory Behavioral modernity Behavioral neuroscience Behavioral operations research Behavioral science Behavioralism Behaviorism Behavioural Insights Team Behavioural economics Behavioural finance Behavioural genetics Biases Biases in inductive reasoning Big Five personality traits Big data Bilateral monopoly Biocultural anthropology Biolinguistics Biological anthropology Biological determinism Biological psychiatry Biology and sexual orientation Biology of human bonding Biology of romantic love Biosocial criminology Birmingham School (economics)Bloomington school Bounded rationality Brain Brigitte C. Madrian Broadband mapping in the United States Buddhist economics Budget set Business economics Business management Cabinet Office Cameralism Capability approach Carlo Trigilia Carnegie School Cass Sunstein Catherine C. Eckel Causal inference Charles A. Holt Charles Plott Charles R. Plott Chartalism Cheating (biology)Chicago school of economics Choice architecture Cinderella effect Clarence Edwin Ayres Classical economics Claude Ménard (economist)Coevolution Cognitive bias in animals Cognitive development Cognitive ergonomics Cognitive ethology Cognitive module Cognitive neuroscience Cognitive psychology Cognitive revolution Cognitive science Cognitive specialization Cognitive tradeoff hypothesis Cognitivism (psychology)Colin Camerer Colin F. Camerer Comparative cognition Comparative psychology Competition (economics)Complementary monopoly Computational economics Computational theory of mind Computer-mediated communication Computer science Concealed ovulation Concise Encyclopedia of Economics Confirmation bias Connectionism Conspicuous consumption Conspicuous leisure Constitutional economics Consumer choice Conventional wisdom Convexity in economics Coolidge effect Corporate culture Costly signaling theory in evolutionary psychology Cost–benefit analysis Counterfactual thinking Countervailing power Criticism of evolutionary psychology Critique of political economy Cross-cultural psychology Cross elasticity of demand Cultural determinism Cultural economics Cultural evolution Cultural group selection Cultural selection theory Cultural universal Culture change Cumulative prospect theory Cybernetics Dan Ariely Daniel Bromley Daniel Kahneman Daron Acemoglu Darwinian literary studies Data science David Cesarini David Gal David Halpern (psychologist)David Hirshleifer David Laibson David R. Henderson David Ryan Just Deadweight loss Decision-making Decision making Decision theory Default effect Degrowth Demand Demographic economics Design for behaviour change Design of experiments Determinism Development economics Digital media use and mental health Discounted utility Diseconomies of scale Disequilibrium macroeconomics Display rules Distracted driving Distribution (economics)Distributism Distributive justice Djuradj Caranovic Domain-general learning Domain-specific learning Domain specificity Donald Angus MacKenzie Douglas Bernheim Douglass North Drazen Prelec Drew Fudenberg Dual inheritance theory Dual process theory Duopoly Early modern philosophy Ecological economics EconTalk Econometric Econometrics Economic agent Economic cost Economic data Economic equilibrium Economic geography Economic history Economic methodology Economic planning Economic policy Economic rent Economic sociology Economic surplus Economic system Economic value Economics Economics of participation Economies of scale Economies of scope Econophysics Ed Diener Education economics Edward Lawrence Wheelwright Edward Zalta Effect size Effective competition Effects of hormones on sexual motivation Efficient-market hypothesis Elasticity (economics)Eldar Shafir Elinor Ostrom Emotion in animals Emotional bias Emotional contagion Empathising–systemising theory Empirical research Endowment effect Engineering economics Engineering economics (civil engineering)Engineering psychology English historical school of economics Environment, health and safety Environmental determinism Environmental economics Epidemiology of representations Ergonomics Erich Zimmermann Ernst Fehr Esther Duflo Ethology Euphemism Evolution of cognition Evolution of color vision in primates Evolution of emotion Evolution of human intelligence Evolution of morality Evolution of nervous systems Evolution of schizophrenia Evolution of the brain Evolution of the eye Evolutionarily stable strategy Evolutionary aesthetics Evolutionary anthropology Evolutionary approaches to depression Evolutionary biology Evolutionary developmental psychology Evolutionary economics Evolutionary educational psychology Evolutionary epistemology Evolutionary landscape Evolutionary linguistics Evolutionary medicine Evolutionary mismatch Evolutionary musicology Evolutionary neuroscience Evolutionary origin of religions Evolutionary psychiatry Evolutionary psychology Evolutionary psychology and culture Evolutionary psychology of language Evolutionary psychology of religion Exaptation Excess supply Expected utility hypothesis Experiment Experimental economics Experimental psychology Externality Facial expression Fadi Makki Fair division Fallacies Family economics Faruk Gul Fear of falling Female intrasexual competition Feminist economics Field experiments Fight-or-flight response Financial analysts Financial economics Financial inclusion Fisher's principle Fitness (biology)Flynn effect Folk biology Folk psychology Folk taxonomy Framing (social sciences)Framing effect (psychology)Francis Edgeworth Frank Stilwell (economist)François Simiand Fred L. Block Free price system Freiburg school Freiwirtschaft French liberal school Functional psychology Functionalism (philosophy of mind)Fuzzy-trace theory G factor in non-humans Gambler's fallacy Game theory Games and Economic Behavior Garai Laszlo Gary Becker Gary McClelland Gender differences in suicide Gender role Gene-centered view of evolution General equilibrium theory Geneva school (economics)Geoffrey Hodgson Georg Weizsäcker George Ainslie (psychologist)George Akerlof George Katona George Loewenstein George W. Stocking Sr.Georgism Gerd Gigerenzer Glossary of economics Goods Goods and services Graham Loomes Great ape language Green economy Gregory Bateson Gregory Wheeler Group selection Gunduz Caginalp Gunnar Myrdal H. Peyton Young Ha-Joon Chang Hallucination (artificial intelligence)Hamiltonian spite Happiness economics Harold Demsetz Harrison White Hasty generalisation Health economics Hedonism Herbert A. Simon Herbert Gintis Herfindahl index Hersh Shefrin Heterodox economics Heuristic Heuristics Hiding hand principle Hindsight bias Hirschman cycle Historical school of economics History of Islamic economics History of economic thought History of evolutionary psychology History of evolutionary thought History of macroeconomic thought Hologenome theory of evolution Homo economicus Homo oeconomicus Homo reciprocans Howard Rachlin Human bonding Human evolution Human female sexuality Human male sexuality Human mating strategies Human multitasking Human sexual activity Human sexuality Human–animal communication Human–computer interaction Hunter Lewis IT-backed authoritarianism Illusion of control Implicit cost Imprinted brain hypothesis Inbreeding avoidance Incest taboo Inclusive fitness in humans Income elasticity of demand Income–consumption curve Independence of irrelevant alternatives Indeterminism Index of economics articles Indifference curve Industrial organization Inequity aversion Information asymmetry Information economics Infrastructure and economics Institutional economics Instrumentalism Interdisciplinarity International Encyclopedia of the Social & Behavioral Sciences International economics Intertemporal choice Irving Fisher JEL classification codes James G. March James Smoot Coleman Jeffrey R. Kling Jens Beckert Jeremy Bentham Jesse W. Markham Joe S. Bain Joel M. Podolny John A. List John Bates Clark Medal John Kenneth Galbraith John Maurice Clark John Quiggin John R. Commons John Staddon John Weakland Jonathan Nitzan Journal of Political Economy János Kornai Kathryn Zeiler Katy Milkman Kay-Yut Chen Kevin Volpp Keynesian economics Kin recognition Kin selection Klaus M. Schmidt Kraków School of Economics Kristoffel Grechenig Kuznets swing Labour economics Lamarckism Language acquisition Larry Summers Lars Pålsson Syll Laszlo Garai Late modern philosophy Laurent Thévenot Lausanne School Law and economics Law of demand Law of supply Lead–crime hypothesis Legal realism Lewis turning point Libertarian paternalism Library of Economics and Liberty Linda C. Babcock List of cognitive biases List of economists List of evolutionary psychologists List of important publications in economics Loss aversion Louis Lévy-Garboua Loyalty program Lynette Spillman M-Pesa Machine learning Macroeconomics Mainstream economics Malcolm Baker Male intrasexual competition Malthusianism Managerial economics Manchester Liberalism Mancur Olson Marginal cost Marginal utility Marginalism Mark Granovetter Market (economics)Market concentration Market design Market failure Market monetarism Market power Market structure Martin Shubik Marxian economics Marxism and Keynesianism Masahiko Aoki Mate choice Mate guarding in humans Maternal bond Maternal deprivation Mathematical economics Mathematical model Mathematical optimization Mathematical psychology Mathematics Mating preferences Matteo Motterlini Matthew Rabin Maurice Allais Maya Shankar Mechanism design Media naturalness theory Memetics Mental accounting Mental disorders and gender Mercantilism Methodological individualism Methodology Michael Mauboussin Michael Norton (professor)Microeconomics Microfoundations Milton Erickson Mind-blindness Missing heritability problem Mobile phones and driving safety Modern Monetary Theory Modern synthesis (20th century)Modularity of mind Monetarism Monetary circuit theory Monopolistic competition Monopoly Monopsony Moral foundations theory Moran Cerf Motor control Motor skill Multilineal evolution Mutualism (economic theory)Nassim Taleb Natural experiment Natural resource economics Natural selection Nature versus nurture Nava Ashraf Naïve physics Neo-Darwinism Neo-Keynesian economics Neo-Malthusianism Neo-Marxian economics Neo-Ricardianism Neo-Schumpeterian economics Neoclassical economics Neoclassical synthesis Neoevolutionism Neoliberalism Neuroeconomics Neuroergonomics Neuronal recycling hypothesis Neuropsychology Neuroscience Neuroscience of sex differences Neuroscience of sleep New Keynesian economics New classical macroeconomics New institutional economics New neoclassical synthesis Nicholas Barberis Nobel Memorial Prize in Economic Sciences Non-convexity (economics)Non-monetary economy Normative economics Nudge (book)Nudge theory Number sense Number sense in animals Numerical cognition Observational techniques Ofer Azar Office of Information and Regulatory Affairs Oligopoly Oligopsony Oliver E. Williamson Operations research Ophidiophobia Opportunity cost Organizational economics Origin of language Origin of speech Orris C. Herfindahl Outline of economics Overconfidence effect Ovulatory shift hypothesis Pair bond Parallel individuation system Parental investment Parent–offspring conflict Pareto efficiency Paternal bond Paternalism Paul De Grauwe Paul DiMaggio Paul Dolan (academic)Paul Slovic Paul Watzlawick Paula England Perfect competition Personality development Personnel economics Peter A. Diamond Philosophy of mind Physical attractiveness Physiocracy Political economy Political theory Population (human biology)Population genetics Portfolio optimization Positive economics Positivism Post-Keynesian economics Post-autistic economics Praxeology Predictably Irrational Preference (economics)Present bias Price Price ceiling Price controls Price discrimination Price elasticity of demand Price elasticity of supply Price floor Price signal Price system Pricing Primate cognition Primatology Priority heuristic Production set Profit (economics)Prospect theory Psychological adaptation Psychological effects of Internet use Psychological manipulation Psychological nativism Psychology Psychotherapy Public choice Public economics Public good Punctuated equilibrium Quarterly Journal of Economics Quasi-experiment Quasi-natural experiment R. Duncan Luce Race to the Top Rachel Croson Rachel Kranton Rank theory of depression Rational Rational agent model Rational agents Rational choice Rational expectations Rationality Rationing Real business-cycle theory Recency bias Recent human evolution Reciprocal altruism Reciprocal altruism in humans Reference dependence Regional economics Regret (decision theory)Regulation school Regulatory economics Reinhard Selten Replicability crisis Reproductive success Repugnancy costs Returns to scale Revealed preference Ricardian economics Richard L. Peterson Richard M. Cyert Richard Swedberg Richard T. Ely Richard Thaler Risk aversion Robert A. Brady Robert Aumann Robert H. Frank Robert J. Shiller Robert Prechter Robert Shiller Robert Sugden (economist)Robert Vishny Robert W. Vishny Ronald Coase Rotating savings and credit association Rural economics Russ Roberts Russell Sage Foundation Safety culture Saltwater and freshwater economics Samuel Bowles (economist)Sarah Brosnan Satisficing Scarcity Scholasticism School of Salamanca Schools of economic thought Science Science of reading Screen time Self-efficacy Selfishness Sendhil Mullainathan Service (economics)Service economy Sex and gender differences in autism Sex differences in cognition Sex differences in crime Sex differences in emotional intelligence Sex differences in intelligence Sex differences in memory Sex differences in narcissism Sex differences in psychology Sex differences in schizophrenia Sexology Sexual arousal Sexual attraction Sexual desire Sexual dimorphism Sexual division of labour Sexual fantasy Sexual jealousy Sexual selection in humans Sexy son hypothesis Shimshon Bichler Shlomo Benartzi Shortage Shortage economy Simon Gächter Simon Kuznets Sludge theory Smartphones and pedestrian safety Social Credit System Social and Behavioral Sciences Team Social aspects of television Social choice Social choice theory Social constructionism Social contagion Social cost Social credit Social determinism Social engineering (political science)Social influence Social preference Social proof Social psychology Social selection Socialist economics Socialization Societal effects of cars Sociobiology Sociocultural evolution Socioeconomics Socionomics Sonja Smets Spandrel (biology)Spatial econometrics Species Species-typical behavior Species complex Springer Science+Business Media Standard social science model Stanford Encyclopedia of Philosophy Statistical Status quo bias Stephen Duneier Steven N. S. Cheung Stockholm School (economics)Strategy (game theory)Structuralist economics Structure–conduct–performance paradigm Substance abuse Substitution effect Sunk cost Supply-side economics Supply (economics)Supply and demand Susan E. Mayer Symbolic logic Systematic errors Systemic bias Technocracy movement Technostructure Terrance Odean Texting while driving The Guardian The New Palgrave Dictionary of Economics The New York Times The Spectator The Theory of Moral Sentiments The Times Theoretical biology Theoretical economics Theoretical foundations of evolutionary psychology Theory of mind Theory of mind in animals Theory of the firm Theory of two-level planning Thermoeconomics Thinking, Fast and Slow Thomas C. Schelling Thorstein Veblen Time series econometrics Timur Kuran Tool use by non-humans Trade Transaction cost Transgenerational epigenetic inheritance Transport economics Trivers–Willard hypothesis Tshilidzi Marwala Uncertainty Uncertainty, Evolution, and Economic Theory Unconscious cognition Unilineal evolution Unit of selection University of Chicago University of Hohenheim University of Pennsylvania University of Stirling Upper Paleolithic Revolution Urban economics Uri Gneezy Urs Fischbacher Utilitarian Utility Uwe Sunde Vaccine hesitancy Variability hypothesis Veblen good Veblenian dichotomy Vernon L. Smith Vilfredo Pareto Virginia school of political economy Vision Zero Visual perception Viviana Zelizer WEIRD Wage Walter Mischel Walton Hale Hamilton Ward Edwards Warren Samuels Wason selection task Welfare economics Werner Abelshauser Werner De Bondt Wesley Clair Mitchell Westermarck effect World-systems theory

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