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SSRN Electronic Journal
Article . 2017 . Peer-reviewed
Data sources: Crossref
SSRN Electronic Journal
Article . 2017 . Peer-reviewed
Data sources: Crossref
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Behavioural Economics: Development, Condition and Perspectives

Authors: KANEV, Dimitar; TERZİEV, Venelin;

Behavioural Economics: Development, Condition and Perspectives

Abstract

The study examines the place of behavioural economics in the structure of economic science and the practice of state regulating. The thesis that neoclassicism is an appropriate normative approach for analysing human behaviour is defended but the comparative advantages are on the side of behavioural economics in the answers of escriptive, diagnostic, prognostic and perspective questions. It tracks the historical roots, the ideas of behavioural economics for the limited rationality, will and egoism are presented in short as well as the contribution of behavioural approach to the state intervention’s ideology and practice. The libertarian paternalism idea and its role for the transformation of “state of wealth” into the gaining clearer and clearer outlines “new paternalistic state” are presented.

Keywords

behavioral economics;libertarian paternalism;nudge

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    23
    popularity
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    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
23
Top 10%
Top 10%
Top 10%
gold