View topic on PhilPapers for more information
Related categories

53 found
Order:
More results on PhilPapers
1 — 50 / 53
  1. Redirection of Talent.Miro Brada - manuscript
    The interview with economist William Baumol, published in 2003 in weekly Respekt, deals with alternative activities for talented individuals. If they can't pursue productive activities (technological innovations) they go for rent-seeking activities or activities with negligible social return (e.g. chess). I also present a thesis, that if there is no sophisticated alternative activities, the talent may be redirected into pathological ones: psychopathy, neurosis, paranoia, psychosis... The article was exhibited in Holland Park, W8 6LU, The Ice House between 18. Oct - (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  2. On the Possibility of an Anti-Paternalist Behavioural Welfare Economics.Johanna Thoma - forthcoming - Journal of Economic Methodology:1-14.
    Behavioural economics has taught us that human agents don’t always display consistent, context-independent and stable preferences in their choice behaviour. Can we nevertheless do welfare economics in a way that lives up to the anti-paternalist ideal most economists subscribe to? I here discuss Sugden’s powerful critique of most previous attempts at doing so, which he dubs the ‘New Consensus’, as appealing to problematic notions of latent preference and inner rational agency. I elaborate on a fundamental rethinking of the normative foundations (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  3. Moral Hazard, the Savage Framework, and State-Dependent Utility.Jean Baccelli - 2021 - Erkenntnis 86 (2):367-387.
    In this paper, I investigate the betting behavior of a decision-maker who can influence the likelihood of the events upon which she is betting. In decision theory, this is best known as a situation of moral hazard. Focusing on a particularly simple case, I sketch the first systematic analysis of moral hazard in the canonical Savage framework. From the results of this analysis, I draw two philosophical conclusions. First, from an observational and a descriptive point of view, there need to (...)
    Remove from this list   Download  
    Translate
     
     
    Export citation  
     
    Bookmark  
  4. Kripto Paralar Arasındaki İlişkinin Araştırılması: Granger Nedensellik Analizi.Erdem Oncu - 2021 - Lyon, Fransa: Livre de Lyon..
    Kripto paraların gelecekte bir fiat para olacağını veya şimdiki konumunu sürdürebileceğini söyleyebilmek bugün için belirsiz bir tahminden ibarettir. Modern finans piyasaları, hızlı bir bilgi akışı, çeşitlendirilmiş yatırım ufkuna sahip çok sayıda katılımcı ve toplu olarak karmaşık değişkenler ile karakterize edilir . Bu bağlamda spekülasyona dayalı karmaşık bir sistem olan kripto para piyasaları modern finans piyasası karakteristiğine uygun bir yapıda bulunmaktadır. Geçmişte ufak değerlere sahip olan kripto para piyasaları hızlı bir şekilde genişleyerek bireylerin yatırım tercihlerinden biri haline gelmiştir. Kripto para piyasaları (...)
    Remove from this list   Download  
    Translate
     
     
    Export citation  
     
    Bookmark  
  5. The Ethics of Climate Nudges: Central Issues for Applying Choice Architecture Interventions to Climate Policy.Helena Siipi & Polaris Koi - 2021 - European Journal of Risk Regulation.
    While nudging has garnered plenty of interdisciplinary attention, the ethics of applying it to climate policy has been little discussed. However, not all ethical considerations surrounding nudging are straightforward to apply to climate nudges. In this article, we overview the state of the debate on the ethics of nudging and highlight themes that are either specific to or particularly important for climate nudges. These include: the justification of nudges that are not self-regarding; how to account for climate change denialists; transparency; (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  6. Varieties of Capitalism and Welfare States.Narmin Baghirzade - 2020 - SEA-Practical Application of Science 8 (23):163-168.
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  7. Pandemic Economic Crisis: Changes and New Challenges to Society: Scientific Monograph.Maksym Bezpartochnyi (ed.) - 2020 - Sofia, Bułgaria: VUZF Publishing House “St. Grigorii Bogoslov”.
    The current economic crisis caused by the COVID-19 pandemic has created new changes and challenges for society, which has led to a deeper identification of pressing problems and to develop strategies and models for overcoming crises in various countries, industries and businesses. The formation and improvement of modern strategies and models of crisis management is impossible without optimizing the resources of economic entities, providing assistance at various levels of government to support priority sectors of the economy, finding additional sources of (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  8. Pandemic Economic Crisis: Essence, Reasons, Comparative Characteristics, Opportunities.Igor Britchenko & Maksym Bezpartochnyi - 2020 - In M. Bezpartochnyi (ed.), New trends in the economic systems management in the context of modern global challenges.
    Before pandemic the world economy had a pre-crisis situation which was characterized by unprecedented imbalances in the global financial and economic system, the lack of growth in world GDP, which posed a real threat to the world economic order. Almost all global analysts predicted a global economic crisis at the end of 2019. For the first time since time immemorial, bank interest rates in all countries have dropped to unprecedented low levels. Often interest rates were 0% or even negative. The (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  9. Optimization of Commodity Stocks Enterprise by Means of HML-FRM Clustering.Igor Britchenko & Maksym Bezpartochnyi - 2020 - Financial and Credit Activity: Problems of Theory and Practice 3 (34(2020)):259-269.
    The article examines the process of formation inventory of the enterprise and determines the optimal volume of commodity resources for sale. A generalization of author’s approaches to the formation and evaluation of inventories of the enterprise is carried out. The marketing-logistic approach was applied for the purpose of distribution groups of commodity resources due to the risk of non-fulfillment the order for the supply of goods of the enterprise. In order to ensure an effective process of commodity provision of the (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  10. Lessons to Be Learned From Ukraine's Positioning in International Rankings: The Need for Institutional Support and Financial Support for Economic Creativity/Igor Britchenko, Irena Svydruk, Yurii Pidlypnyi, Oleksandr P. Krupskyi//Management Issues, Volume 18, No 4(90), 2020. – P. 125 - 146.Igor Britchenko, Irena Svydruk, Yurii Pidlypnyi & Oleksandr P. Krupskyi - 2020 - Management Issues 18 (4(90)):125 - 146.
    Purpose: To develop proposals on the directions of institutional support for the processes of creativity of the Ukrainian economy. Design/methodology/approach: The analysis of trends in the creativity of the Ukrainian economy is carried out and proposals are developed for conceptualizing institutional support for these processes. The authors set out to develop proposals for institutional support for creativity processes and offer recommendations for systematic updating of Ukrainian legislation in the areas of state regulation of high-tech business. The information base was the (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  11. The Ethics and Applications of Nudges.Valerie Joly Chock - 2020 - PANDION: The Osprey Journal of Research and Ideas 1 (2).
    Nudging is the idea that people’s decisions should be influenced in predictable, non-coercive ways by making changes to the way that options are presented to them. Central to the debate about nudging is the question of whether it is morally permissible to intentionally nudge others. Libertarian paternalists maintain that this can be the case. In this paper, I present the libertarian paternalistic criteria for the moral permissibility of intentional nudges. Having done this, I motivate two objections. The first one targets (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  12. Value Commitment, Resolute Choice, and the Normative Foundations of Behavioural Welfare Economics.C. Tyler DesRoches - 2020 - Journal of Applied Philosophy 37 (4):562-577.
    Given the endowment effect, the role of attention in decision-making, and the framing effect, most behavioral economists agree that it would be a mistake to accept the satisfaction of revealed preferences as the normative criterion of choice. Some have suggested that what makes agents better off is not the satisfaction of revealed preferences, but ‘true’ preferences, which may not always be observed through choice. While such preferences may appear to be an improvement over revealed preferences, some philosophers of economics have (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  13. Capitalism After Covid: How the Pandemic Might Inspire a More Virtuous Economy.Julian Friedland - 2020 - The Philosophers' Magazine 2 (89):12-15.
    Today, dramatically increasing economic inequality, imminent climatological calamity, and a global pandemic now place the timeless debate over capitalism into stark relief. Though many seek to pin the blame on capitalism’s excesses, they would do well to recall the historical record of socialism’s deficiencies, namely, stifling innovation, lumbering inefficiency, and stagnation. Fortunately, our moral psychology affords a middle way between these two extremes. For while economic incentives have a tendency to let our civic and prosocial impulses atrophy from disuse, these (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  14. The Moral Permissibility of Nudges.Valerie Joly Chock - 2020 - Florida Philosophical Review 19 (1):33-47.
    Nudging is the idea that people’s decisions and behaviors can be influenced in predictable, non-coercive ways by making small changes to the choice architecture. In this paper, I differentiate between type-1 nudges and type-2 nudges according to the thinking processes involved in each. With this distinction in hand, I present the libertarian paternalistic criteria for the moral permissibility of intentional nudges. Having done this, I motivate an objection to type-1 nudges. According to this objection, type-1 nudges do not appear to (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   1 citation  
  15. Case Analysis: Enron; Ethics, Social Responsibility, and Ethical Accounting as Inferior Goods?Rashid Muhammad Mustafa - 2020 - Journal of Economics Library 7 (2):98-105.
    In 2001 soon after the Asian Crises of 1997-1998, the DotcomBubble, 9/11, the Enron crises triggered a fraud crisis in Wall Street that impacted the market to the core. Since then scandals such as the Lehman Brothers and WorldCom in 2007-2008 and the Great Recession have surpassed it, Enron still remains one of the most important cases of fraudulent accounting. In 2000’s even though the financial industry had become highly regulated, deregulation of the energy industry allowed companies to place bets (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  16. Potential of Sustainable Regional Development in View of Smart Specialisation/Igor Britchenko, Tetiana Romanchenko, Oleksandr Hladkyi//Списание «Икономически Изследвания (Economic Studies)». – Институт За Икономически Изследвания При БАН, София (България). – № 6. – Volume 28, Issue 6 - 2019. – P. 88 - 110. ISSN 02053292.Igor Britchenko, Tetiana Romanchenko & Oleksandr Hladkyi - 2019 - Списание «Икономически Изследвания (Economic Studies)» 28 (6):88 - 110.
    Potential of sustainable regional development is studied through demographic, economic, social, socio-cultural and ecological indicators in order to determine the strategy development areas of regional SMART specialisation on the example of Cherkasy oblast (the central region of Ukraine).Cherkasy oblast was selected for the study because it is one of the pilot regions for the implementation of the SMART specialisation strategies. The following methods were used in the course of the study: the system-structure analysis, comparative-geographic method, mapping (GIS – MapInfo Professional, (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  17. Blockchain Technology in the Fiscal Process of Ukraine/I. Britchenko, T. Cherniavska//Списание «Икономически Изследвания (Economic Studies)». – Институт За Икономически Изследвания При БАН, София (България). – Volume 28, Issue 5 – 2019. – P. 134-148. ISSN 02053292.Igor Britchenko & Cherniavska Tetiana - 2019 - Списание «Икономически Изследвания (Economic Studies)» 28 (5):134-148.
    The problem of corruption in Ukraine has been examined, as well as Blockchain technology application feasibility in combating the phenomenon has been analyzed in the article. Blockchain instrumental features and properties, making the technology unique and determining its potential applications in many sectors of the economy, have been covered with much attention. The authors have analyzed both advantages and obstacles for a distributed data registry implementation. Analysis of benchmarks and application of the best practices of Blockchain technology in the public (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  18. From Homo-Economicus to Homo-Virtus: A System-Theoretic Model for Raising Moral Self-Awareness.Julian Friedland & Benjamin M. Cole - 2019 - Journal of Business Ethics 155 (1):191-205.
    There is growing concern that a global economic system fueled predominately by financial incentives may not maximize human flourishing and social welfare externalities. If so, this presents a challenge of how to get economic actors to adopt a more virtuous motivational mindset. Relying on historical, psychological, and philosophical research, we show how such a mindset can be instilled. First, we demonstrate that historically, financial self-interest has never in fact been the only guiding motive behind free markets, but that markets themselves (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   4 citations  
  19. Моделі споживання коміксів як варіант постмодерністської соціально-економічної комунікації.Tatyana Pavlova, Roman Pavlov & Oksana Levkovich - 2019 - In Управління розвитком суб'єктів підприємництва в умовах викликів ХХІ століття. Днипро, Днепропетровская область, Украина, 49000: pp. 313-324.
    Авторами розглянуті умови соціалізації споживання коміксів у мікросоціальному масштабі, що дає змогу описати особливості формування та розвитку різноманітних поведінкових моделей попиту на даний продукт сучасної культури. Запропоновано доповнити сегментацію споживачів коміксів такими критеріями як схильність до домінантного формату читання та потенційні умови перегляду домінантного формату читання. Ключові слова: комікс, варіативність моделей споживання, суспільство, постмодернізм, соціальна комунікація. -/- Авторами рассмотрены условия социализации потребления комиксов в микросоциальном масштабе, что позволяет описать особенности формирования и развития разнообразных поведенческих моделей спроса на данный продукт современной (...)
    Remove from this list   Download  
    Translate
     
     
    Export citation  
     
    Bookmark  
  20. Uncertainty, ‘Irrational Exuberance’ and the Psychology of Bubbles: An Argument Over the Legitimacy of Financial Regulation for Bounded Rational Agents.Ramiro Ávila Peres - 2019
    One of the explanations for the Great Crisis of 2007-2008 was that financial authorities should have issued stricter regulations to prevent the housing bubble. However, according to Alan Greenspan, President of the Federal Reserve System (FED) from 1987 to 2006, this is to judge with hindsight. No one can guess when a “bubble” begins, nor when it ends; they happen because of the “irrational exuberance” in investors’ behavior, which causes boom and bust cycles. Regulators are not in a better situation (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  21. The Comparison of Efficiency and Performance of Portuguese and Ukrainian Enterprises.Igor Britchenko, Ana Paula Monte, Igor Kryvovyazyuk & Lidiia Kryvoviaziuk - 2018 - Списание «Икономически Изследвания (Economic Studies)» 1:87-108.
    This article intends to analyze the performance and the efficiency of companies and to identify the key factors that may explain it. It was selected a sample with 15 enterprises: 7 Portuguese and 8 Ukrainian ones, belonging to several industries. Financial and non-financial data was collected for 6 years, during the period of 2009 to 2014. Research questions that guided this work were: Are the enterprises efficient/profitable? What factors influence enterprises’ efficiency/performance? Is there any difference between Ukrainian and Portuguese enterprises’ (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   1 citation  
  22. Restoring Trustworthiness in the Financial System: Norms, Behaviour and Governance.Aisling Crean, Natalie Gold, David Vines & Annie Williamson - 2018 - Journal of the British Academy 6 (S1):131-155.
    Abstract: We examine how trustworthy behaviour can be achieved in the financial sector. The task is to ensure that firms are motivated to pursue long-term interests of customers rather than pursuing short-term profits. Firms’ self-interested pursuit of reputation, combined with regulation, is often not sufficient to ensure that this happens. We argue that trustworthy behaviour requires that at least some actors show a concern for the wellbeing of clients, or a respect for imposed standards, and that the behaviour of these (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  23. Implementation of ICO European Best Practices by SMEs.Alla Ivashchenko, Yevheniia Polishchuk & Igor Britchenko - 2018 - Economic Annals-XXI 169 (1-2):67-71.
    The article deals with a new financial tool of attracting capital, known as Initial Coin Offering (ICO). In conditions of reduced banking lending and difficult access to finance for SMEs, ICO is viewed to be one of the possible ways to access capital. It considers the main advantages and disadvantages of ICO performance, including its typical features, challenges and regulatory approaches to tax regulation, cybersecurity. The authors of the article determine stages of the ICO mechanism, identifying potential risks and ways (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   2 citations  
  24. Reputation Risks, Value of Losses and Financial Sustainability of Commercial Banks.Natalia Kunitsyna, Igor Britchenko & Igor Kunitsyn - 2018 - Entrepreneurship and Sustainability Issues 5 (4):943-955.
    Currently, under the conditions of permanent financial risks that hamper the sustainable economic growth in the financial sector, the development of evaluation and risk management methods both regulated by Basel II and III and others seem to be of special importance. The reputation risk is one of significant risks affecting reliability and credibility of commercial banks. The importance of reputation risk management and the quality of their assessment remain relevant as the probability of decrease in or loss of business reputation (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  25. Rethinking Nudge: Not One But Three Concepts.Philippe Mongin & Mikael Cozic - 2018 - Behavioural Public Policy 2:107-124.
    Nudge is a concept of policy intervention that originates in Thaler and Sunstein's (2008) popular eponymous book. Following their own hints, we distinguish three properties of nudge interventions: they redirect individual choices by only slightly altering choice conditions (here nudge 1), they use rationality failures instrumentally (here nudge 2), and they alleviate the unfavourable effects of these failures (here nudge 3). We explore each property in semantic detail and show that no entailment relation holds between them. This calls into question (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   3 citations  
  26. The Perception Movement Economy of Ukraine to Business/Igor Britchenko, Volodymyr Saienko//Списание «Икономически Изследвания (Economic Studies)». – Институт За Икономически Изследвания При БАН, София (България). – № 4. – 2017. – P. 163 - 181. ISSN 02053292.Igor Britchenko & Volodymyr Saienko - 2017 - Списание «Икономически Изследвания (Economic Studies)» 4 (4):163 - 181.
    The article provides the analysis of the entrance into the innovative activity and organized regulation of interaction which is based on the scientific and technological changes, concentration of production and the feasibility study of administrative decisions, which are dominated by a conglomerate of technical, technological and engineering management decisions. The research formulates the provisions for the productive use of business as the form of economic relations which is based on the entrepreneur function. These provisions are formulated basing on the conditions (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  27. Road Transport System in Southeast Asia; Problems and Economic Solutions.Maynard Clark, Sara Kaffashi & Mad Nasir Shamsudin - 2016 - Current World Environment 11 (1):10-19.
    In Southeast Asian countries (SEA), road transport accounts for the main energy consumption and CO2 emission. Air pollution is a major concern in densely populated cities such as Bangkok, Manila, and Kuala Lumpur. The main objective of this paper is to give insights on trends of transport development, car ownership, and CO2 emissions in Southeast Asia. This study also attempts to review the successful transportation policies around the globe and to introduce the possible instruments that can help reduce air pollution (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  28. Mentalism Versus Behaviourism in Economics: A Philosophy-of-Science Perspective.Franz Dietrich & Christian List - 2016 - Economics and Philosophy 32 (2):249-281.
    Behaviourism is the view that preferences, beliefs, and other mental states in social-scientific theories are nothing but constructs re-describing people's behaviour. Mentalism is the view that they capture real phenomena, on a par with the unobservables in science, such as electrons and electromagnetic fields. While behaviourism has gone out of fashion in psychology, it remains influential in economics, especially in ‘revealed preference’ theory. We defend mentalism in economics, construed as a positive science, and show that it fits best scientific practice. (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   31 citations  
  29. Reason-Based Choice and Context-Dependence: An Explanatory Framework.Franz Dietrich & Christian List - 2016 - Economics and Philosophy 32 (2):175-229.
    We introduce a “reason-based” framework for explaining and predicting individual choices. It captures the idea that a decision-maker focuses on some but not all properties of the options and chooses an option whose motivationally salient properties he/she most prefers. Reason-based explanations allow us to distinguish between two kinds of context-dependent choice: the motivationally salient properties may (i) vary across choice contexts, and (ii) include not only “intrinsic” properties of the options, but also “context-related” properties. Our framework can accommodate boundedly rational (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   17 citations  
  30. Choice Experiment Attributes Selection: Problems and Approaches in a Modal Shift Study in Klang Valley, Malaysia.Sara Kaffashi, Mad Nasir Shamsudin, Alias Radam, Shaufique Fahmi Sidique, Maynard Clark, Abdullatif Bazrbachi, Khalid Abdul Rahim & Shehu Usman Adam - 2016 - Asian Social Science 12 (1):75-83.
    Choice experiment (CE) is a questionnaire based method that the accuracy of research questionnaire determines the validity of the research outcomes. Attribute selection has a prime importance in every CE studies. If respondents do not understand or do not have preference for a certain attribute, the attribute non-attendance problem might happen that biases overall results of the research. Qualitative approaches such as literature review, focus group discussion, and in depth discussion commonly applied in CE researches. However, especially in the developing (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  31. Exploring Visitors' Willingness to Pay to Generate Revenues for Managing the National Elephant Conservation Center in Malaysia.Maynard Clark - 2015 - Forest Policy and Economics 56 (C):9-19.
    Financial sustainability of protected areas is one of the main challenges of management. Financial self-sufficiency is an important element in improving conservation effort in these areas. This study seeks to review best practices in recreational fee systems in different countries and to find a relevant entry fee for a wildlife sanctuary in Malaysia. The revenue of the National Elephant Conservation Center (NECC) in Kuala Gandah, Malaysia, comes from several sources, including the national government, but all these budgetary sources are strained (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  32. In Search of Lost Nudges.Guilhem Lecouteux - 2015 - Review of Philosophy and Psychology 6 (3):397-408.
    This paper discusses the validity of nudges to tackle time-inconsistent behaviours. I show that libertarian paternalism is grounded on a peculiar model of personal identity, and that the argument according to which nudges may improve one’s self-assessed well-being can be seriously questioned. I show that time inconsistencies do not necessarily reveal that the decision maker is irrational: they can also be the result of discounting over the degree of psychological connectedness between our successive selves rather than over time. Time inconsistency (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   4 citations  
  33. On Risk and Rationality.Brad Armendt - 2014 - Erkenntnis 79 (S6):1-9.
    It is widely held that the influence of risk on rational decisions is not entirely explained by the shape of an agent’s utility curve. Buchak (Erkenntnis, 2013, Risk and rationality, Oxford University Press, Oxford, in press) presents an axiomatic decision theory, risk-weighted expected utility theory (REU), in which decision weights are the agent’s subjective probabilities modified by his risk-function r. REU is briefly described, and the global applicability of r is discussed. Rabin’s (Econometrica 68:1281–1292, 2000) calibration theorem strongly suggests that (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   4 citations  
  34. Neuroeconomics and Confirmation Theory.Christopher Clarke - 2014 - Philosophy of Science 81 (2):195-215.
    Neuroeconomics is a research programme founded on the thesis that cognitive and neurobiological data constitute evidence for answering economic questions. I employ confirmation theory in order to reject arguments both for and against neuroeconomics. I also emphasize that some arguments for neuroeconomics will not convince the skeptics because these arguments make a contentious assumption: economics aims for predictions and deep explanations of choices in general. I then argue for neuroeconomics by appealing to a much more restrictive (and thereby skeptic-friendly) characterization (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   4 citations  
  35. Expanding the Nudge: Designing Choice Contexts and Choice Contents.Kalle Grill - 2014 - Rationality, Markets and Morals 5:139-162.
    To nudge is to design choice contexts in order to improve choice outcomes. Richard Thaler and Cass Sunstein emphatically endorse nudging but reject more restrictive means. In contrast, I argue that the behavioral psychology that motivates nudging also motivates what may be called jolting — i.e. the design of choice content. I defend nudging and jolting by distinguishing them from the sometimes oppressive means with which they can be implemented, by responding to some common arguments against nudging, and by showing (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   4 citations  
  36. Libertarian Patriarchalism: Nudges, Procedural Roadblocks, and Reproductive Choice.Govind Persad - 2014 - Women’s Rights L. Rep 35:273--466.
    Cass Sunstein and Richard Thaler's proposal that social and legal institutions should steer individuals toward some options and away from others-a stance they dub "libertarian paternalism"-has provoked much high-level discussion in both academic and policy settings. Sunstein and Thaler believe that steering, or "nudging," individuals is easier to justify than the bans or mandates that traditional paternalism involves. -/- This Article considers the connection between libertarian paternalism and the regulation of reproductive choice. I first discuss the use of nudges to (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  37. When, and How, Should Cognitive Bias Matter to Law.Govind Persad - 2014 - Law and Ineq 32:31.
    Recent work in the behavioral sciences asserts that we are subject to a variety of cognitive biases. For example, we mourn losses more than we prize equivalently sized gains; we are more inclined to believe something if it matches our previous beliefs; and we even relate more warmly or coldly to others depending on whether the coffee cup we are holding is warm or cold. Drawing on this work, case law and legal scholarship have asserted that we have reason to (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   1 citation  
  38. A Reason-Based Theory of Rational Choice.Franz Dietrich & Christian List - 2013 - Noûs 47 (1):104-134.
    There is a surprising disconnect between formal rational choice theory and philosophical work on reasons. The one is silent on the role of reasons in rational choices, the other rarely engages with the formal models of decision problems used by social scientists. To bridge this gap, we propose a new, reason-based theory of rational choice. At its core is an account of preference formation, according to which an agent’s preferences are determined by his or her motivating reasons, together with a (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   31 citations  
  39. Libertarian Paternalism, Utilitarianism, and Justice.Jamie Terence Kelly - 2013 - In Paternalism: Theory and Practice. pp. 216-230.
    In a number of recent publications, Cass Sunstein and Richard Thaler have argued for a novel approach to the design of public policy. Their proposal has received a great deal of attention, both within academic circles and the public at large. Drawing upon evidence from behavioral economics and empirical psychology, the authors attempt to demonstrate that the conventional antagonism between libertarians and paternalists within political theory dissolves in conditions that obtain widely in public decision-making. Where free choice and the promotion (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  40. A Behavioral Perspective on Technology Evolution and Domain Name Regulation.Todd Davies - 2008 - Pacific McGeorge Global Business and Development Law Journal 21 (1):1-25.
    This paper argues that private property and rights assignment, especially as applied to communication infrastructure and information, should be informed by advances in both technology and our understanding of psychology. Current law in this area in the United States and many other jurisdictions is founded on assumptions about human behavior that have been shown not to hold empirically. A joint recognition of this fact, together with an understanding of what new technologies make possible, leads one to question basic assumptions about (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark  
  41. Framing as Path Dependence.Natalie Gold & Christian List - 2004 - Economics and Philosophy 20 (2):253-277.
    A framing effect occurs when an agent's choices are not invariant under changes in the way a decision problem is presented, e.g. changes in the way options are described (violation of description invariance) or preferences are elicited (violation of procedure invariance). Here we identify those rationality violations that underlie framing effects. We attribute to the agent a sequential decision process in which a “target” proposition and several “background” propositions are considered. We suggest that the agent exhibits a framing effect if (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   15 citations  
  42. The Role of Mental Accounting in Everyday Economic Decision Making.Tommy Gärling, Niklas Karlsson & Marcus Selart - 1999 - In Peter Juslin & Henry Montgomery (eds.), Judgment and decision making. Erlbaum. pp. 199-218.
    Mental accounting is a concept associated with the work of Richard Thaler. According to Thaler, people think of value in relative rather than absolute terms. They derive pleasure not just from an object’s value, but also the quality of the deal – its transaction utility (Thaler, 1985). In addition, humans often fail to fully consider opportunity costs (tradeoffs) and are susceptible to the sunk cost fallacy. Why are people willing to spend more when they pay with a credit card than (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   6 citations  
  43. The Role of Planning for Intention-Behavior Consistency.Robert Gillholm, Dick Ettema, Marcus Selart & Tommy Gärling - 1999 - Scandinavian Journal of Psychology 40 (4):241-250.
    Two studies investigated how planning affects intention-behavior consistency. In Study 1 an experimental group and control group which each consisted of 14 undergraduates were requested in computerized interviews to indicate which activities they intended to perform on the following day. Subjects in the experimental group were also requested in a second phase of the interviews to specify when and where they intended to perform the activities. The results showed that activities for which time and place had been specified were more (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   6 citations  
  44. Explanations of Effects of Prior Income Changes on Bying Decisions.Niklas Karlsson, Tommy Gärling & Marcus Selart - 1999 - Journal of Economic Psychology 20:449-463.
    Two experiments with undergraduates as subjects tested explanations of how a prior temporary income change influences choices between buying and deferred buying. In Experiment 1 predictions from the behavioral life-cycle theory (Shefrin & Thaler, 1988), the renewable resources model (Linville & Fischer, 1991) and the loss-sensitivity principle (Garling & Romanus, 1997) were contrasted. The results are inconsistent with the latter two explanations since the framing of buying as positive (buying a new model of a product) or negative (replacing a broken (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   6 citations  
  45. Contingency and Value in Social Decision Making.Marcus Selart & Daniel Eek - 1999 - In Peter Juslin & Henry Montgomery (eds.), Judgment and Decision Making. Erlbaum. pp. 261-273.
    This chapter discusses different perspectives and trends in social decision making, especially the actual processes used by humans when they make decisions in their everyday lives or in business situations. The chapter uses cognitive psychological techniques to break down these processes and set them in their social context. Most of our decisions are made in a social context and are therefore influenced by other people. If you are at an auction and bidding on a popular item, you will try to (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   8 citations  
  46. Compatibility and the Use of Information Processing Strategies.Marcus Selart, Tommy Gärling & Henry Montgomery - 1998 - Journal of Behavioral Decision Making 11 (1):59-72.
    When a prominent attribute looms larger in one response procedure than in another, a violation of procedure invariance occurs. A hypothesis based on compatibility between the structure of the input information and the required output was tested as an explanation of this phenomenon. It was also compared with other existing hypotheses in the field. The study had two aims: (1) to illustrate the prominence effect in a selection of preference tasks (choice, acceptance decisions, and preference ratings); (2) to demonstrate the (...)
    Remove from this list   Download  
    Translate
     
     
    Export citation  
     
    Bookmark   7 citations  
  47. Influences of the Past on Choices of the Future.Tommy Gärling, Niklas Karlsson, Joakim Romanus & Marcus Selart - 1997 - In Rob Ranyard, Ray Crozier & Ola Svenson (eds.), Decision making: Cognitive models and explanations. Routledge. pp. 167-189.
    Intertemporal choice is the study of how people make choices about what and how much to do at various points in time, when choices at one time influence the possibilities available at other points in time. These choices are influenced by the relative value people assign to two or more payoffs at different points in time. Most choices require decision-makers to trade off costs and benefits at different points in time. These decisions may be about savings, work effort, education, nutrition, (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   8 citations  
  48. Effects of Mental Accounting on Intertemporal Choice.Niklas Karlsson, Tommy Gärling & Marcus Selart - 1997 - Göteborg Psychological Reports 27 (5).
    Two experiments with undergraduates as subjects were carried out with the aim of replicating and extending previous results showing that the implication of the behavioral life-cycle hypothesis (H. M. Shefrin & R. H. Thaler, 1988) that people classify assets in different mental accounts (current income, current assets, and future income) may explain how consumption choices are influenced by temporary income changes. In both experiments subjects made fictitious choices between paying for a good in cash or according to a more expensive (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   6 citations  
  49. Aspects of Compatibility and the Construction of Preference.Marcus Selart - 1997 - In Rob Ranyard, Ray Crozier & Ola Svenson (eds.), Decision making: Cognitive models and explanations. Routledge. pp. 58-72.
    This chapter focuses on the psychological mechanisms behind the construction of preference, especially the actual processes used by humans when they make decisions in their everyday lives or in business situations. The chapter uses cognitive psychological techniques to break down these processes and set them in their social context. When attributes are compatible with the response scale, they are assigned greater weight because they are most easily mapped onto the response. For instance, when subjects are asked to set a price (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   9 citations  
  50. Self-Control and Loss Aversion in Intertemporal Choice.Marcus Selart, Niklas Karlsson & Tommy Gärling - 1997 - Journal of Socio-Economics 26 (5):513-524.
    The life-cycle theory of saving behavior (Modigliani, 1988) suggests that humans strive towards an equal intertemporal distribution of wealth. However, behavioral life-cycle theory (Shefrin & Thaler, 1988) proposes that people use self-control heuristics to postpone wealth until later in life. According to this theory, people use a system of cognitive budgeting known as mental accounting. In the present study it was found that mental accounts were used differently depending on if the income change was positive or negative. This was shown (...)
    Remove from this list   Download  
     
    Export citation  
     
    Bookmark   8 citations  
1 — 50 / 53