The need for influence theory and actor-specific behavioral models of adversaries
In: Comparative strategy, Band 22, Heft 5, S. 463-487
ISSN: 0149-5933
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In: Comparative strategy, Band 22, Heft 5, S. 463-487
ISSN: 0149-5933
World Affairs Online
In: CESifo working paper series 4785
In: Behavioural economics
Over the past 20 years, macroeconomists have incorporated more and more results from behavioral economics into their models. We argue that doing so has helped fixed deficiencies with standard approaches to modeling the economy-for example, the counterfactual absence of inertia in the standard New Keynesian model of economic fluctuations. We survey efforts to use behavioral economics to improve some of the underpinnings of the New Keynesian model-specifically, consumption, the formation of expectations and determination of wages and employment that underlie aggregate supply, and the possibility of multiple equilibria and asset price bubbles. We also discuss more broadly the advantages and disadvantages of using behavioral economics features in macroeconomic models.
In: International's series in marketing
In: American political science review, Band 97, Heft 2, S. 261-280
ISSN: 0003-0554
In: Advances in finance, accounting, and economics (AFAE) book series
In: Premier reference source
This book examines behavioral biases and their impact on investment decisions. It also explores the applicability of econometric data modelling in behavioral finance markets and financial innovations in various fields of micro finance, public private partnership, mergers and acquisitions and behavioral finance.
In: The foundations of behavioral economic analysis volume 6
In: A Wiley-Interscience publication
In: Routledge interpretive marketing research 10
In: European association of methodology series
In: Business issues, competition and entrepreneurship
In: Cambridge studies in economics, choice, and society
"In recent years, 'Nudge Units' or 'Behavioral Insights Teams' have been created in the United States, the United Kingdom, Germany, and other nations. All over the world, public officials are using the behavioral sciences to protect the environment, promote employment and economic growth, reduce poverty, and increase national security. In this book, Cass R. Sunstein, the eminent legal scholar and best-selling co-author of Nudge, breaks new ground with a deep yet highly readable investigation into the ethical issues surrounding nudges, choice architecture, and mandates, addressing such issues as welfare, autonomy, self-government, dignity, manipulation, and the constraints and responsibilities of an ethical state. Complementing the ethical discussion, The Ethics of Influence: Government in the Age of Behavioral Science contains a wealth of new data on people's attitudes towards a broad range of nudges, choice architecture, and mandates."
In: Perspectives in behavioral economics and the economics of behavior