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We're All Behavioral Economists Now
Stockholm University, Faculty of Humanities, Department of Philosophy.ORCID iD: 0000-0002-8256-8446
(English)In: Journal of economic methodology, ISSN 1350-178X, E-ISSN 1018-5070Article in journal (Refereed) Accepted
Abstract [en]

AbstractBehavioral economics has long defined itself in opposition to neoclassical economics, but recent developments suggest a synthesis may be on the horizon. In particular, a number of economists have argued that behavioral factors can be incorporated into standard theory, and that the days of behavioral economics therefore are numbered. This paper explores the proposed synthesis and argues that it is distinctly behavioral in nature – not neoclassical. Far from indicating that behavioral economics as a stand-alone research program is over, the proposed synthesis represents the consummate conversion of neoclassical economists into behavioral ones.

Keyword [en]
Behavioral economics, Rationality, Methodology
National Category
Philosophy
Research subject
Philosophy
Identifiers
URN: urn:nbn:se:su:diva-156270OAI: oai:DiVA.org:su-156270DiVA, id: diva2:1204242
Available from: 2018-05-07 Created: 2018-05-07 Last updated: 2018-05-07

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