publication . Part of book or chapter of book . Article . Other literature type . Book . Preprint . Conference object . Report . 2017

Behavioral economics: merging psychology and economics for lifestyle interventions.

Dd, Reed; Cr, Niileksela; Brent Kaplan;
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  • Published: 01 Jan 2017
  • Publisher: Springer New York
Abstract
Economics, like behavioral psychology, is a science of behavior, albeit highly organized human behavior. The value of economic concepts for behavioral psychology rests on (1) their empirical validity when tested in the laboratory with individual subjects and (2) their uniqueness when compared to established behavioral concepts. Several fundamental concepts are introduced and illustrated by reference to experimental data: open and closed economies, elastic and inelastic demand, and substitution versus complementarity. Changes in absolute response rate are analyzed in relation to elasticity and intensity of demand. The economic concepts of substitution and complem...
Subjects
free text keywords: bounded rationality, ecological rationality, Herbert Simon, as-if, survey, Economics and Finance,, Public Health, Environmental and Occupational Health, Epidemiology, Behavioral economics, Psychology, Behavior change, Consumer behaviour, Applied psychology, Public health, medicine.medical_specialty, medicine, Psychological intervention, Health economics, Merge (version control), Environmental health, Economics and Econometrics, Finance, Loss aversion, Mainstream economics, Neoclassical economics, Incentive, Public good, Applied economics, Game theory, Heterodox economics, Social psychology, Management science, Translational research, Data science, Public policy, Experimental and Cognitive Psychology, Behavioral Neuroscience, Cognitive science, Neuroscience, Articles, Biochemistry, Genetics and Molecular Biology(all), Agricultural and Biological Sciences(all), JEL: D - Microeconomics, JEL: B - History of Economic Thought, Methodology, and Heterodox Approaches, [QFIN]Quantitative Finance [q-fin], [SCCO]Cognitive science, jel:D03, jel:D0, jel:H0
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publication . Part of book or chapter of book . Article . Other literature type . Book . Preprint . Conference object . Report . 2017

Behavioral economics: merging psychology and economics for lifestyle interventions.

Dd, Reed; Cr, Niileksela; Brent Kaplan;