TITLE Why Is Behavioral Economics So Popular? DESCRIPTION Behavioral Economics is a growing popular field combining at its base both principles of Psychology and Economics. “What is behavioral economics, and why has it become so popular? The field has been described by Richard Thaler, one of its founders, as “economics done with strong injections… Read more »
Posts Tagged: Behavioral Economics
Psychology Update — BEHAVIORAL ECONOMICS & THE NOBEL PRIZE
FOUR ARTICLES RELATED TO THE FIELD OF BEHAVIORAL ECONOMICS This weeks Psychology Update provides three articles and a TedTalk Video regarding the field of Behavioral Economics. According to Heshmat, 2017 (second article), “The field of behavioral economics blends insights of psychology and economics, and provides some valuable insights that individuals are not behaving in… Read more »