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Research@WUR
Part of book or chapter of book . 2023
Data sources: Research@WUR
https://doi.org/10.4337/978183...
Part of book or chapter of book . 2023 . Peer-reviewed
Data sources: Crossref
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Behavioural economic methods

Authors: Antonides, Gerrit;

Behavioural economic methods

Abstract

This chapter describes how psychological concepts and measurements have been applied in behavioural economics and integrated into economic models. It starts introducing anomalies, indicating violation of standard economic assumptions, such as unstable preferences, intransitive preferences and preference reversals. Also, different types of utility are distinguished, i.e., predicted, experienced and remembered utility. The chapter continues describing direct measurements of key behavioural economic concepts and their behavioural correlates, including loss aversion, risk and time preference, social preference and well-being. Finally, several examples of the integration of these measures in economic models are considered.

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Netherlands
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Life Science

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    popularity
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    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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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!
1
Average
Average
Average
Green