Go
New
Find
Notify
Tools
Reply
  
Behavioral economics Login/Join
 
<Asa Lovejoy>
posted
I ran across this term recently. Would someone please explain its tenets?
 
Reply With QuoteReport This Post
Member
Picture of arnie
posted Hide Post
I can't but Wikipedia can.
quote:
Behavioral economics and behavioral finance are closely related fields which apply scientific research on human and social cognitive and emotional biases to better understand economic decisions and how they affect market prices, returns and the allocation of resources. The fields are primarily concerned with the rationality, or lack thereof, of economic agents. Behavioral models typically integrate insights from psychology with neo-classical economic theory.
See the entry here.


Build a man a fire and he's warm for a day. Set a man on fire and he's warm for the rest of his life.
 
Posts: 10940 | Location: LondonReply With QuoteReport This Post
  Powered by Social Strata  
 


Copyright © 2002-12