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267 relations: Adam Smith, Adaptive market hypothesis, Agent (economics), Allais paradox, Altruism, Alvin E. Roth, Amos Tversky, Andrei Shleifer, Andrew Lo, Anecdote, Arbitrage, Armin Falk, B. F. Skinner, Backward bending supply curve of labour, Barack Obama, Barriers to entry, Behavioral economics, Behavioral modeling, Behavioral operations research, Behavioralism, Behaviorism, Behavioural Insights Team, Behavioural sciences, Belief revision, Bill O'Hanlon, Bounded rationality, Brain, Broadband mapping in the United States, Budget, Business administration, Cabinet Office, Capuchin monkey, Cass Sunstein, Charles Ferster, Charles Plott, Cherry cola, Choice architecture, Classical economics, Cognitive bias, Cognitive psychology, Colin Camerer, Comparative psychology, Computational economics, Computer science, Confirmation bias, Counterfactual thinking, Cultural economics, Culture change, Cumulative prospect theory, Cybernetics, ..., Dan Ariely, Daniel Kahneman, David Cameron, David Halpern (psychologist), David Hirshleifer, David Laibson, David R. Henderson, Decision-making, Demand, Demand curve, Design of experiments, Discounted utility, Distributive justice, Domestic policy, Douglas Bernheim, Drazen Prelec, Econometrics, Economic bubble, Economic data, Economic Justice, Economic sociology, Economics, Economy, Ed Diener, Education, Effect size, Efficient-market hypothesis, Eldar Shafir, Emotional bias, Employment, Enforcement, Environment, health and safety, Equity premium puzzle, Ernst Fehr, Eugene Fama, Euphemism, Evan Hurwitz, Evolution, Evolutionary psychology, Expected utility hypothesis, Experiment, Experimental economics, Experimental finance, Experimental psychology, Fair division, Fair value, Feedback, Field experiment, Finance, Fitness (biology), Framing (social sciences), Framing effect (psychology), Francis Ysidro Edgeworth, Fuzzy-trace theory, Gabriel Tarde, Game theory, Games and Economic Behavior, George Ainslie (psychologist), George Akerlof, George Katona, George Loewenstein, Gerd Gigerenzer, Gregory Bateson, Gunduz Caginalp, Habit, Herbert A. Simon, Herd behavior, Hersh Shefrin, Heuristic, Heuristics in judgment and decision-making, Hindsight bias, Homo economicus, Homo reciprocans, Hyperbolic discounting, Hypothesis, Illusion of control, Independence of irrelevant alternatives, Inequity aversion, Information asymmetry, Interdisciplinarity, International Encyclopedia of the Social & Behavioral Sciences, Intertemporal consumption, Irving Fisher, J. E. R. Staddon, Jeremy Bentham, John A. List, John Quiggin, John Weakland, Journal of Behavioral Finance, Journal of Economic Perspectives, Journal of Political Economy, King's Fund, Laboratory rat, Labour supply, Lawrence Summers, László Garai, Legislation, Lewis turning point, Libertarian paternalism, Liberty Fund, List of cognitive biases, Loss aversion, Mainstream economics, Malcolm Baker, Marginal utility, Market (economics), Market anomaly, Market microstructure, Market sentiment, Market trend, Mathematical and theoretical biology, Mathematical psychology, Mathematics, Matthew Rabin, Maurice Allais, Methodological individualism, Methodology, Michael J. Mauboussin, Microeconomics, Milton H. Erickson, Natural experiment, Natural science, Neoclassical economics, Neuroeconomics, Neuroscience, Nicholas Barberis, Nobel Memorial Prize in Economic Sciences, Noise trader, Nudge (book), Nudge theory, Observational error, Observational techniques, Office of Information and Regulatory Affairs, Operant conditioning chamber, Organizational culture, Overconfidence effect, Paul Slovic, Paul Watzlawick, Political philosophy, Portfolio optimization, Positive economics, Praxeology, Predictably Irrational, Price mechanism, Primate, Prospect theory, Psychological manipulation, Psychology, Psychotherapy, Public choice, Quantitative behavioral finance, Quarterly Journal of Economics, Quasi-experiment, Rachel Kranton, Rank-dependent expected utility, Rational agent, Rational choice theory, Rational expectations, Rationality, Reciprocal altruism, Regret (decision theory), Reinforcement, Reinhard Selten, Reproductive success, Repugnancy costs, Revealed preference, Richard L. Peterson, Richard Thaler, Robert J. Shiller, Robert Prechter, Robert Sugden (economist), Robert W. Vishny, Rock dove, Rule of thumb, Russell Sage Foundation, Satisficing, Selfishness, Shaping (psychology), Silicon Valley, Simon Gächter, Slope, Social engineering (political science), Social influence, Social preferences, Social psychology, Socioeconomics, Springer Science+Business Media, Statistics, Stereotype, Stimulus–response model, Stock market crash, Stock valuation, Strategy (game theory), Systemic bias, Tax evasion, Technical analysis, Terminology, Terrance Odean, The American Economic Review, The Guardian, The New Palgrave Dictionary of Economics, The Spectator, The Theory of Moral Sentiments, The Times, Tshilidzi Marwala, Uncertainty, University of Chicago, University of Michigan, University of Stirling, Uri Gneezy, Urinal, Utility, Vernon L. Smith, Vilfredo Pareto, Walter Mischel, Ward Edwards, Werner De Bondt. Expand index (217 more) »
Adam Smith
Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era.
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Adaptive market hypothesis
The adaptive market hypothesis, as proposed by Andrew Lo, is an attempt to reconcile economic theories based on the efficient market hypothesis (which implies that markets are efficient) with behavioral economics, by applying the principles of evolution to financial interactions: competition, adaptation and natural selection.
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Agent (economics)
In economics, an agent is an actor and more specifically a decision maker in a model of some aspect of the economy.
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Allais paradox
The Allais paradox is a choice problem designed by to show an inconsistency of actual observed choices with the predictions of expected utility theory.
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Altruism
Altruism is the principle and moral practice of concern for happiness of other human beings, resulting in a quality of life both material and spiritual.
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Alvin E. Roth
Alvin Elliot Roth (born December 18, 1951) is an American academic.
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Amos Tversky
Amos Nathan Tversky (עמוס טברסקי; March 16, 1937 – June 2, 1996) was a cognitive and mathematical psychologist, a student of cognitive science, a collaborator of Daniel Kahneman, and a figure in the discovery of systematic human cognitive bias and handling of risk.
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Andrei Shleifer
Andrei Shleifer (born February 20, 1961) is a Russian American economist and Professor of Economics at Harvard University, where he has taught since 1991.
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Andrew Lo
Andrew Wen-Chuan Lo (born 1960) is the Charles E. and Susan T. Harris Professor of Finance at the MIT Sloan School of Management.
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Anecdote
An anecdote is a brief, revealing account of an individual person or an incident.
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Arbitrage
In economics and finance, arbitrage is the practice of taking advantage of a price difference between two or more markets: striking a combination of matching deals that capitalize upon the imbalance, the profit being the difference between the market prices.
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Armin Falk
Armin Falk (born 18 January 1968) is a German economist.
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B. F. Skinner
Burrhus Frederic Skinner (March 20, 1904 – August 18, 1990), commonly known as B. F. Skinner, was an American psychologist, behaviorist, author, inventor, and social philosopher.
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Backward bending supply curve of labour
In economics, a backward-bending supply curve of labour, or backward-bending labour supply curve, is a graphical device showing a situation in which as real, or inflation-corrected, wages increase beyond a certain level, people will substitute leisure (non-paid time) for paid worktime and so higher wages lead to a decrease in the labour supply and so less labour-time being offered for sale.
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Barack Obama
Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th President of the United States from January 20, 2009, to January 20, 2017.
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Barriers to entry
In theories of competition in economics, a barrier to entry, or an economic barrier to entry, is a cost that must be incurred by a new entrant into a market that incumbents do not have or have not had to incur.
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Behavioral economics
Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.
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Behavioral modeling
The behavioral approach to systems theory and control theory was initiated in the late-1970s by J. C. Willems as a result of resolving inconsistencies present in classical approaches based on state-space, transfer function, and convolution representations.
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Behavioral operations research
Behavioral operations research (BOR) examines and takes into consideration human behavior and emotions when facing complex decision problems.
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Behavioralism
Behavioralism (or behaviouralism in British English) is an approach in political science, which emerged in the 1930s in the United States.
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Behaviorism
Behaviorism (or behaviourism) is a systematic approach to understanding the behavior of humans and other animals.
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Behavioural Insights Team
The Behavioural Insights Team (BIT), also known unofficially as the "Nudge Unit", is an organisation that was set up to apply nudge theory (behavioural economics and psychology) to try to improve government policy and services as well as to save the UK government money.
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Behavioural sciences
The term behavioral sciences encompasses the various disciplines that explores the cognitive processes within organisms and the behavioural interactions between organisms in the natural world.
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Belief revision
Belief revision is the process of changing beliefs to take into account a new piece of information.
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Bill O'Hanlon
Bill O'Hanlon, M.S., is psychotherapist, author, and speaker.
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Bounded rationality
Bounded rationality is the idea that when individuals make decisions, their rationality is limited by the tractability of the decision problem, the cognitive limitations of their minds, and the time available to make the decision.
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Brain
The brain is an organ that serves as the center of the nervous system in all vertebrate and most invertebrate animals.
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Broadband mapping in the United States
Broadband mapping in the United States are efforts to describe geographically how Internet access service from telephone and cable TV companies (commonly called "broadband") is available in terms of available speed and price.
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Budget
A budget is a financial plan for a defined period of time, usually a year.It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.
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Business administration
Business administration is management of a business.
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Cabinet Office
The Cabinet Office is a department of the Government of the United Kingdom responsible for supporting the Prime Minister and Cabinet of the United Kingdom.
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Capuchin monkey
The capuchin monkeys are New World monkeys of the subfamily Cebinae.
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Cass Sunstein
Cass Robert Sunstein FBA (born September 21, 1954) is an American legal scholar, particularly in the fields of constitutional law, administrative law, environmental law, and law and behavioral economics, who was the Administrator of the White House Office of Information and Regulatory Affairs in the Obama administration from 2009 to 2012.
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Charles Ferster
Charles Bohris Ferster (1922–1981) was an American behavioral psychologist.
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Charles Plott
Charles Raymond Plott (born July 8, 1938) is an American economist.
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Cherry cola
Cherry cola is a soft drink made by mixing cherry-flavored syrup into cola.
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Choice architecture
Choice architecture is the design of different ways in which choices can be presented to consumers, and the impact of that presentation on consumer decision-making.
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Classical economics
Classical economics or classical political economy (also known as liberal economics) is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century.
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Cognitive bias
A cognitive bias is a systematic pattern of deviation from norm or rationality in judgment.
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Cognitive psychology
Cognitive psychology is the study of mental processes such as "attention, language use, memory, perception, problem solving, creativity, and thinking".
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Colin Camerer
Colin Farrell Camerer (born December 4, 1959) is an American Behavioral Financier and a Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology (Caltech).
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Comparative psychology
Comparative psychology refers to the scientific study of the behavior and mental processes of non-human animals, especially as these relate to the phylogenetic history, adaptive significance, and development of behavior.
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Computational economics
Computational economics is a research discipline at the interface of computer science, economics, and management science.
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Computer science
Computer science deals with the theoretical foundations of information and computation, together with practical techniques for the implementation and application of these foundations.
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Confirmation bias
Confirmation bias, also called confirmatory bias or myside bias,David Perkins, a professor and researcher at the Harvard Graduate School of Education, coined the term "myside bias" referring to a preference for "my" side of an issue.
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Counterfactual thinking
Counterfactual thinking is a concept in psychology that involves the human tendency to create possible alternatives to life events that have already occurred; something that is contrary to what actually happened.
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Cultural economics
Cultural economics is the branch of economics that studies the relation of culture to economic outcomes.
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Culture change
Culture change is a term used in public policy making that emphasizes the influence of cultural capital on individual and community behavior.
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Cumulative prospect theory
Cumulative prospect theory (CPT) is a model for descriptive decisions under risk and uncertainty which was introduced by Amos Tversky and Daniel Kahneman in 1992 (Tversky, Kahneman, 1992).
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Cybernetics
Cybernetics is a transdisciplinary approach for exploring regulatory systems—their structures, constraints, and possibilities.
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Dan Ariely
Dan Ariely (דן אריאלי; born April 29, 1967) is the James B. Duke Professor of Psychology and Behavioral Economics at Duke University and is the founder of The Center for Advanced Hindsight and co-founder of BEworks, Timeful,https://www.forbes.com/sites/parmyolson/2015/05/05/google-acquisition-timeful-dan-ariely/#68e9a02b305e Geniehttp://genie.cooking/genie_about_us.php and Shapa.
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Daniel Kahneman
Daniel Kahneman (דניאל כהנמן; born March 5, 1934) is an Israeli-American psychologist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences (shared with Vernon L. Smith).
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David Cameron
David William Donald Cameron (born 9 October 1966) is a British politician who served as Prime Minister of the United Kingdom from 2010 to 2016 and Leader of the Conservative Party from 2005 to 2016.
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David Halpern (psychologist)
David Solomon Halpernhttps://beta.companieshouse.gov.uk/company/08567792/officers FAcSS (born June 1966) is a British psychologist and civil servant, heading the Behavioural Insights Team (unofficially known as the Nudge Unit) spun out from the Cabinet Office.
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David Hirshleifer
David Hirshleifer is an American economist.
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David Laibson
David Isaac Laibson (born June 26, 1966) is a professor of economics at Harvard University, where he has taught since 1994.
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David R. Henderson
David R. Henderson (born November 21, 1950) is a Canadian-born American economist and author who moved to the United States in 1972 and became a U.S. citizen in 1986, serving on President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984.
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Decision-making
In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities.
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Demand
In economics, demand is the quantities of a commodity or a service that people are willing and able to buy at various prices, over a given period of time.
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Demand curve
In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity and the amount of it that consumers are willing and able to purchase at any given price.
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Design of experiments
The design of experiments (DOE, DOX, or experimental design) is the design of any task that aims to describe or explain the variation of information under conditions that are hypothesized to reflect the variation.
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Discounted utility
In economics, discounted utility is the utility (desirability) of some future event, such as consuming a certain amount of a good, as perceived at the present time as opposed to at the time of its occurrence.
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Distributive justice
Distributive justice concerns the nature of a social justice allocation of goods.
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Domestic policy
Domestic policy are administrative decisions that are directly related to all issues and activity within a nation's borders.
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Douglas Bernheim
B.
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Drazen Prelec
Drazen Prelec (born 1955) is a professor of management science and economics in the MIT Sloan School of Management, and a pioneer in the field of neuroeconomics.
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Econometrics
Econometrics is the application of statistical methods to economic data and is described as the branch of economics that aims to give empirical content to economic relations.
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Economic bubble
An economic bubble or asset bubble (sometimes also referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania, or a balloon) is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value.
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Economic data
Economic data or economic statistics are data (quantitative measures) describing an actual economy, past or present.
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Economic Justice
Justice in economics is a subcategory of welfare economics with models frequently representing the ethical-social requirements of a given theory, whether "in the large", as of a just social order, or "in the small", as in the equity of "how institutions distribute specific benefits and burdens".
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Economic sociology
Economic sociology is the study of the social cause and effect of various economic phenomena.
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Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services.
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Economy
An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.
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Ed Diener
Edward F. Diener (born 1946) is an American psychologist, professor, and author.
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Education
Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits.
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Effect size
In statistics, an effect size is a quantitative measure of the magnitude of a phenomenon.
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Efficient-market hypothesis
The efficient-market hypothesis (EMH) is a theory in financial economics that states that asset prices fully reflect all available information.
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Eldar Shafir
Eldar Shafir (Hebrew: אלדר שפיר) is an American behavioral scientist, and the co-author of Scarcity: Why Having Too Little Means So Much (with Sendhil Mullainathan).
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Emotional bias
An emotional bias is a distortion in cognition and decision making due to emotional factors.
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Employment
Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.
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Enforcement
Enforcement is the process of ensuring compliance with laws, regulations, rules, standards, or social norms.
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Environment, health and safety
Environment, health and safety (EHS) is a discipline and specialty that studies and implements practical aspects of environmental protection and safety at work.
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Equity premium puzzle
The equity premium puzzle refers to the inability of an important class of economic models to explain the average premium of a well-diversified U.S. equity portfolio over U.S. Treasury Bills observed for more than 100 years.
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Ernst Fehr
Ernst Fehr (born June 21, 1956 in Hard, Austria) is an Austrian behavioral economist and neuroeconomist and a Professor of Microeconomics and Experimental Economic Research, as well as the vice chairman of the Department of Economics at the University of Zürich, Switzerland.
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Eugene Fama
Eugene Francis "Gene" Fama (born February 14, 1939) is an American economist, best known for his empirical work on portfolio theory, asset pricing and the ‘Efficient Market hypothesis’.
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Euphemism
A euphemism is a generally innocuous word or expression used in place of one that may be found offensive or suggest something unpleasant.
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Evan Hurwitz
Evan Hurwitz is a South African Information Engineer.
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Evolution
Evolution is change in the heritable characteristics of biological populations over successive generations.
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Evolutionary psychology
Evolutionary psychology is a theoretical approach in the social and natural sciences that examines psychological structure from a modern evolutionary perspective.
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Expected utility hypothesis
In economics, game theory, and decision theory the expected utility hypothesis, concerning people's preferences with regard to choices that have uncertain outcomes (gambles), states that if specific axioms are satisfied, the subjective value associated with an individual's gamble is the statistical expectation of that individual's valuations of the outcomes of that gamble.
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Experiment
An experiment is a procedure carried out to support, refute, or validate a hypothesis.
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Experimental economics
Experimental economics is the application of experimental methods to study economic questions.
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Experimental finance
The goals of experimental finance are to understand human and market behavior in settings relevant to finance.
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Experimental psychology
Experimental psychology refers to work done by those who apply experimental methods to psychological study and the processes that underlie it.
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Fair division
Fair division is the problem of dividing a set of goods or resources between several people who have an entitlement to them, such that each person receives his/her due share.
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Fair value
In accounting and in most Schools of economic thought, fair value is a rational and unbiased estimate of the potential market price of a good, service, or asset.
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Feedback
Feedback occurs when outputs of a system are routed back as inputs as part of a chain of cause-and-effect that forms a circuit or loop.
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Field experiment
A field experiment applies the scientific method to experimentally examine an intervention in the real world (or as many experimentalists like to say, naturally occurring environments) rather than in the laboratory.
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Finance
Finance is a field that is concerned with the allocation (investment) of assets and liabilities (known as elements of the balance statement) over space and time, often under conditions of risk or uncertainty.
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Fitness (biology)
Fitness (often denoted w or ω in population genetics models) is the quantitative representation of natural and sexual selection within evolutionary biology.
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Framing (social sciences)
In the social sciences, framing comprises a set of concepts and theoretical perspectives on how individuals, groups, and societies, organize, perceive, and communicate about reality.
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Framing effect (psychology)
The framing effect is an example of cognitive bias, in which people react to a particular choice in different ways depending on how it is presented; e.g. as a loss or as a gain.
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Francis Ysidro Edgeworth
Francis Ysidro Edgeworth FBA (8 February 1845 – 13 February 1926) was an Anglo-Irish philosopher and political economist who made significant contributions to the methods of statistics during the 1880s.
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Fuzzy-trace theory
Fuzzy-trace theory (FTT) is a theory of cognition originally proposed by Charles Brainerd and Valerie F. Reyna that draws upon dual-trace conceptions to predict and explain cognitive phenomena, particularly in the memory and reasoning domains.
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Gabriel Tarde
Gabriel Tarde (in full Jean-Gabriel De Tarde; 12 March 1843 – 13 May 1904) was a French sociologist, criminologist and social psychologist who conceived sociology as based on small psychological interactions among individuals (much as if it were chemistry), the fundamental forces being imitation and innovation.
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Game theory
Game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers".
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Games and Economic Behavior
Games and Economic Behavior (GEB) is a journal of game theory published by Elsevier.
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George Ainslie (psychologist)
George W. Ainslie is an American psychiatrist, psychologist and behavioral economist.
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George Akerlof
George Arthur Akerlof (born June 17, 1940) is an American economist who is a University Professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley.
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George Katona
George Katona (6 November 1901, Budapest – 18 June 1981, West Berlin) was a Hungarian-born American psychologist who was one of the first to advocate a rapprochement between economics and psychologists.
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George Loewenstein
George Freud Loewenstein (born August 9, 1955) is an American educator and economist.
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Gerd Gigerenzer
Gerd Gigerenzer (born September 3, 1947, Wallersdorf, Germany) is a German psychologist who has studied the use of bounded rationality and heuristics in decision making.
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Gregory Bateson
Gregory Bateson (9 May 1904 – 4 July 1980) was an English anthropologist, social scientist, linguist, visual anthropologist, semiotician, and cyberneticist whose work intersected that of many other fields.
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Gunduz Caginalp
Gunduz Caginalp is a mathematician whose research has also contributed over 100 papers to physics, materials science and economics/finance journals, including two with Prof.
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Habit
A habit (or wont) is a routine of behavior that is repeated regularly and tends to occur subconsciously.
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Herbert A. Simon
Herbert Alexander Simon (June 15, 1916 – February 9, 2001) was an American economist and political scientist whose primary interest was decision-making within organizations and is best known for the theories of "bounded rationality" and "satisficing".
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Herd behavior
Herd behavior describes how individuals in a group can act collectively without centralized direction.
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Hersh Shefrin
Hersh Shefrin (born in Winnipeg, Manitoba, Canada) is an economist best known for his pioneering work in behavioral finance.
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Heuristic
A heuristic technique (εὑρίσκω, "find" or "discover"), often called simply a heuristic, is any approach to problem solving, learning, or discovery that employs a practical method, not guaranteed to be optimal, perfect, logical, or rational, but instead sufficient for reaching an immediate goal.
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Heuristics in judgment and decision-making
In psychology, heuristics are simple, efficient rules which people often use to form judgments and make decisions.
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Hindsight bias
Hindsight bias, also known as the knew-it-all-along effect or creeping determinism, is the inclination, after an event has occurred, to see the event as having been predictable, despite there having been little or no objective basis for predicting it.
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Homo economicus
The term homo economicus, or economic man, is a caricature of economic theory framed as a "mythical species" or word play on homo sapiens, and used in pedagogy.
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Homo reciprocans
Homo reciprocans, or reciprocating human, is the concept in some economic theories of humans as cooperative actors who are motivated by improving their environment.
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Hyperbolic discounting
In economics, hyperbolic discounting is a time-inconsistent model of delay discounting.
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Hypothesis
A hypothesis (plural hypotheses) is a proposed explanation for a phenomenon.
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Illusion of control
The illusion of control is the tendency for people to overestimate their ability to control events; for example, it occurs when someone feels a sense of control over outcomes that they demonstrably do not influence.
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Independence of irrelevant alternatives
The independence of irrelevant alternatives (IIA), also known as binary independence or the independence axiom, is an axiom of decision theory and various social sciences.
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Inequity aversion
Inequity aversion (IA) is the preference for fairness and resistance to incidental inequalities.
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Information asymmetry
In contract theory and economics, information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other.
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Interdisciplinarity
Interdisciplinarity or interdisciplinary studies involves the combining of two or more academic disciplines into one activity (e.g., a research project).
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International Encyclopedia of the Social & Behavioral Sciences
The International Encyclopedia of the Social & Behavioral Sciences, originally edited by Neil J. Smelser and Paul B. Baltes, is a 26-volume work published by Elsevier.
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Intertemporal consumption
Economic theories of intertemporal consumption seek to explain people's preferences in relation to consumption and saving over the course of their lives.
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Irving Fisher
Irving Fisher (February 27, 1867 – April 29, 1947) was an American economist, statistician, inventor, and Progressive social campaigner.
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J. E. R. Staddon
John Eric Rayner Staddon is a British-born American psychobiologist known for experimental and theoretical research on interval timing, Skinnerian "superstition," and behavioral economics (optimality) in rats, pigeons, and fish—and people.
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Jeremy Bentham
Jeremy Bentham (15 February 1748 – 6 June 1832) was an English philosopher, jurist, and social reformer regarded as the founder of modern utilitarianism.
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John A. List
John August List (born September 25, 1968) is an American economist at the University of Chicago, where he serves as Kenneth C. Griffin Distinguished Service Professor in Economics and the Chairman of the Department of Economics.
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John Quiggin
John Quiggin (born 29 March 1956) is an Australian economist, a Professor at the University of Queensland.
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John Weakland
John H. Weakland (8 January 1919 – 18 July 1995) was one of the founders of brief and family psychotherapy.
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Journal of Behavioral Finance
The Journal of Behavioral Finance is a quarterly peer-reviewed academic journal that covers research related to the field of behavioral finance.
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Journal of Economic Perspectives
The Journal of Economic Perspectives (JEP) is an economic journal published by the American Economic Association.
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Journal of Political Economy
The Journal of Political Economy is a bimonthly peer-reviewed academic journal published by the University of Chicago Press.
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King's Fund
The King's Fund is an independent think tank in England, which is involved with work relating to the health system in England.
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Laboratory rat
A laboratory rat or lab rat is a rat of the species Rattus norvegicus (brown rat) which is bred and kept for scientific research.
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Labour supply
In mainstream economic theories, the labour supply is the total hours (adjusted for intensity of effort) that workers wish to work at a given real wage rate.
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Lawrence Summers
Lawrence Henry Summers (born November 30, 1954) is an American economist, former Vice President of Development Economics and Chief Economist of the World Bank (1991–93),, Data & Research office, The World Bank, retrieved March 31, 2017, World Bank Live, The World Bank, retrieved March 31, 2017 Harvard Kennedy School, Harvard University, retrieved March 31, 2017 senior U.S. Treasury Department official throughout President Clinton's administration (ultimately Treasury Secretary, 1999–2001), U.S. Treasury Department, Last Updated: 11/20/2010, retrieved March 31, 2017 and former director of the National Economic Council for President Obama (2009–2010).
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László Garai
László Garai (born 29 August 1935 in Budapest) is a scholar of psychology: studies theoretical psychology, social psychology and economic psychology.
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Legislation
Legislation (or "statutory law") is law which has been promulgated (or "enacted") by a legislature or other governing body or the process of making it.
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Lewis turning point
The Lewis turning point is a situation in economic development where surplus rural labor reaches a financial zero.
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Libertarian paternalism
Libertarian paternalism is the idea that it is both possible and legitimate for private and public institutions to affect behavior while also respecting freedom of choice, as well as the implementation of that idea.
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Liberty Fund
Liberty Fund, Inc. is a nonprofit foundation headquartered in Indianapolis, Indiana which promulgates the libertarian views of its founder, Pierre F. Goodrich through publishing, conferences, and educational resources.
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List of cognitive biases
Cognitive biases are systematic patterns of deviation from norm or rationality in judgment, and are often studied in psychology and behavioral economics.
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Loss aversion
In cognitive psychology and decision theory, loss aversion refers to people's tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose $5 than to find $5.
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Mainstream economics
Mainstream economics may be used to describe the body of knowledge, theories, and models of economics, as taught across universities, that are generally accepted by economists as a basis for discussion.
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Malcolm Baker
Malcolm P. Baker (born c. 1970) is a professor of finance, and a former Olympic rower.
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Marginal utility
In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.
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Market (economics)
A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange.
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Market anomaly
A market anomaly (or market inefficiency) in a financial market is a price and/or rate of return distortion that seems to contradict the efficient-market hypothesis.
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Market microstructure
Market microstructure is a branch of finance concerned with the details of how exchange occurs in markets.
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Market sentiment
Market sentiment (also investor attention) is the general prevailing attitude of investors as to anticipated price development in a market.
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Market trend
A market trend is a perceived tendency of financial markets to move in a particular direction over time.
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Mathematical and theoretical biology
Mathematical and theoretical biology is a branch of biology which employs theoretical analysis, mathematical models and abstractions of the living organisms to investigate the principles that govern the structure, development and behavior of the systems, as opposed to experimental biology which deals with the conduction of experiments to prove and validate the scientific theories.
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Mathematical psychology
Mathematical psychology is an approach to psychological research that is based on mathematical modeling of perceptual, cognitive and motor processes, and on the establishment of law-like rules that relate quantifiable stimulus characteristics with quantifiable behavior.
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Mathematics
Mathematics (from Greek μάθημα máthēma, "knowledge, study, learning") is the study of such topics as quantity, structure, space, and change.
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Matthew Rabin
Matthew Joel Rabin (born December 27, 1963) is the Pershing Square Professor of Behavioral Economics in the Harvard Economics Department and Harvard Business School.
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Maurice Allais
Maurice Félix Charles Allais (31 May 19119 October 2010) was a French physicist and economist, the 1988 winner of the Nobel Memorial Prize in Economic Sciences "for his pioneering contributions to the theory of markets and efficient utilization of resources", for Maurice Allais contribution, along with John Hicks (Value and Capital, 1939) and Paul Samuelson (The Foundations of Economic Analysis, 1947), to neoclassical synthesis.
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Methodological individualism
Methodological individualism is the requirement that causal accounts of social phenomena explain how they result from the motivations and actions of individual agents, at least in principle.
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Methodology
Methodology is the systematic, theoretical analysis of the methods applied to a field of study.
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Michael J. Mauboussin
Michael J. Mauboussin (born February 1964) is Director of Research at BlueMountain Capital Management.
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Microeconomics
Microeconomics (from Greek prefix mikro- meaning "small") is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.
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Milton H. Erickson
Milton Hyland Erickson (5 December 1901 – 25 March 1980) was an American psychiatrist and psychologist specializing in medical hypnosis and family therapy.
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Natural experiment
A natural experiment is an empirical study in which individuals (or clusters of individuals) exposed to the experimental and control conditions are determined by nature or by other factors outside the control of the investigators, but the process governing the exposures arguably resembles random assignment.
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Natural science
Natural science is a branch of science concerned with the description, prediction, and understanding of natural phenomena, based on empirical evidence from observation and experimentation.
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Neoclassical economics
Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.
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Neuroeconomics
Neuroeconomics and Economic Psychology is an interdisciplinary field that seeks to explain human decision making, the ability to process multiple alternatives and to follow a course of action.
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Neuroscience
Neuroscience (or neurobiology) is the scientific study of the nervous system.
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Nicholas Barberis
Nicholas C. Barberis (born September 1971) is the Stephen & Camille Schramm Professor of Finance at the Yale School of Management.
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Nobel Memorial Prize in Economic Sciences
The Nobel Memorial Prize in Economic Sciences (officially Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne, or the Swedish National Bank's Prize in Economic Sciences in Memory of Alfred Nobel), commonly referred to as the Nobel Prize in Economics, is an award for outstanding contributions to the field of economics, and generally regarded as the most prestigious award for that field.
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Noise trader
A noise trader also known informally as idiot trader is described in the literature of financial research as a stock trader whose decisions to buy, sell, or hold are irrational and erratic.
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Nudge (book)
Nudge: Improving Decisions about Health, Wealth, and Happiness is a book written by University of Chicago economist Richard H. Thaler and Harvard Law School Professor Cass R. Sunstein, first published in 2008.
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Nudge theory
Nudge is a concept in behavioral science, political theory and economics which proposes positive reinforcement and indirect suggestions as ways to influence the behavior and decision making of groups or individuals.
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Observational error
Observational error (or measurement error) is the difference between a measured value of a quantity and its true value.
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Observational techniques
In marketing and the social sciences, observational research (or field research) is a social research technique that involves the direct observation of phenomena in their natural setting.
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Office of Information and Regulatory Affairs
The Office of Information and Regulatory Affairs (OIRA) is a United States Government office established in 1980 within the Office of Management and Budget (OMB), an agency in the Executive Office of the President.
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Operant conditioning chamber
An operant conditioning chamber (also known as the Skinner box) is a laboratory apparatus used to study animal behavior.
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Organizational culture
Organizational culture encompasses values and behaviours that "contribute to the unique social and psychological environment of an organization".
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Overconfidence effect
The overconfidence effect is a well-established bias in which a person's subjective confidence in his or her judgements is reliably greater than the objective accuracy of those judgements, especially when confidence is relatively high.
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Paul Slovic
Paul Slovic (born 1938 in Chicago) is a professor of psychology at the University of Oregon and the president of Decision Research.
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Paul Watzlawick
Paul Watzlawick (July 25, 1921 – March 31, 2007) was an Austrian-American family therapist, psychologist, communication theorist, and philosopher.
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Political philosophy
Political philosophy, or political theory, is the study of topics such as politics, liberty, justice, property, rights, law, and the enforcement of laws by authority: what they are, why (or even if) they are needed, what, if anything, makes a government legitimate, what rights and freedoms it should protect and why, what form it should take and why, what the law is, and what duties citizens owe to a legitimate government, if any, and when it may be legitimately overthrown, if ever.
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Portfolio optimization
Portfolio optimization is the process of selecting the best portfolio (asset distribution), out of the set of all portfolios being considered, according to some objective.
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Positive economics
Positive economics (as opposed to normative economics) is the branch of economics that concerns the description and explanation of economic phenomena.
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Praxeology
Praxeology or praxiology is the study of human action, based on the notion that humans engage in purposeful behavior, as opposed to reflexive behavior like sneezing and unintentional behavior.
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Predictably Irrational
Predictably Irrational: The Hidden Forces That Shape Our Decisions is a 2008 book by Dan Ariely, in which he challenges readers' assumptions about making decisions based on rational thought.
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Price mechanism
In economics, a price mechanism is the manner in which the prices of goods or services affect the supply and demand of goods and services, principally by the price elasticity of demand.
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Primate
A primate is a mammal of the order Primates (Latin: "prime, first rank").
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Prospect theory
Prospect theory is a behavioral economic theory that describes the way people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known (.
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Psychological manipulation
Psychological manipulation is a type of social influence that aims to change the behavior or perception of others through abusive, deceptive, or underhanded tactics.
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Psychology
Psychology is the science of behavior and mind, including conscious and unconscious phenomena, as well as feeling and thought.
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Psychotherapy
Psychotherapy is the use of psychological methods, particularly when based on regular personal interaction, to help a person change behavior and overcome problems in desired ways.
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Public choice
Public choice or public choice theory is "the use of economic tools to deal with traditional problems of political science".
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Quantitative behavioral finance
Quantitative behavioral finance is a new discipline that uses mathematical and statistical methodology to understand behavioral biases in conjunction with valuation.
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Quarterly Journal of Economics
The Quarterly Journal of Economics is a peer-reviewed academic journal published by the Oxford University Press.
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Quasi-experiment
A quasi-experiment is an empirical interventional study used to estimate the causal impact of an intervention on its target population without random assignment.
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Rachel Kranton
Rachel E. Kranton (born c. 1962) is an American economist and James B. Duke Professor of Economics at Duke University.
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Rank-dependent expected utility
The rank-dependent expected utility model (originally called anticipated utility) is a generalized expected utility model of choice under uncertainty, designed to explain the behaviour observed in the Allais paradox, as well as for the observation that many people both purchase lottery tickets (implying risk-loving preferences) and insure against losses (implying risk aversion).
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Rational agent
In economics, game theory, decision theory, and artificial intelligence, a rational agent is an agent that has clear preferences, models uncertainty via expected values of variables or functions of variables, and always chooses to perform the action with the optimal expected outcome for itself from among all feasible actions.
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Rational choice theory
Rational choice theory, also known as choice theory or rational action theory, is a framework for understanding and often formally modeling social and economic behavior.
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Rational expectations
In economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the model's predictions as valid.
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Rationality
Rationality is the quality or state of being rational – that is, being based on or agreeable to reason.
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Reciprocal altruism
In evolutionary biology, reciprocal altruism is a behaviour whereby an organism acts in a manner that temporarily reduces its fitness while increasing another organism's fitness, with the expectation that the other organism will act in a similar manner at a later time.
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Regret (decision theory)
In decision theory, on making decisions under uncertainty—should information about the best course of action arrive after taking a fixed decision—the human emotional response of regret is often experienced.
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Reinforcement
In behavioral psychology, reinforcement is a consequence that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.
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Reinhard Selten
Reinhard Justus Reginald Selten (5 October 1930 – 23 August 2016) was a German economist, who won the 1994 Nobel Memorial Prize in Economic Sciences (shared with John Harsanyi and John Nash).
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Reproductive success
Reproductive success is defined as the passing of genes onto the next generation in a way that they too can pass on those genes.
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Repugnancy costs
Repugnancy costs are costs borne by an individual or entity as a result of a stimulus that goes against that individual or entity's cultural mores.
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Revealed preference
Revealed preference theory, pioneered by economist Paul Samuelson, is a method of analyzing choices made by individuals, mostly used for comparing the influence of policies on consumer behavior.
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Richard L. Peterson
Dr.
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Richard Thaler
Richard H. Thaler (born September 12, 1945) is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business.
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Robert J. Shiller
Robert James Shiller (born March 29, 1946) is an American Nobel Laureate, economist, academic, and best-selling author.
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Robert Prechter
Robert R. Prechter Jr. (born March 25, 1949) is an American author and stock market analyst, known for his financial forecasts using the Elliott Wave Principle.
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Robert Sugden (economist)
Robert Sugden, FBA (born 26 August 1949) is an English author in the area of cognitive and behavioural economics.
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Robert W. Vishny
Robert Ward Vishny (born c. 1959) is an American economist and is the Myron S. Scholes Distinguished Service Professor of Finance at the University of Chicago Booth School of Business.
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Rock dove
The rock dove, IOC World Bird List, rock pigeon, or common pigeon (also; Columba livia) is a member of the bird family Columbidae (doves and pigeons).
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Rule of thumb
The English phrase rule of thumb refers to a principle with broad application that is not intended to be strictly accurate or reliable for every situation.
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Russell Sage Foundation
The Russell Sage Foundation is an American philanthropic foundation that primarily funds research relating to income inequality.
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Satisficing
Satisficing is a decision-making strategy or cognitive heuristic that entails searching through the available alternatives until an acceptability threshold is met.
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Selfishness
Selfishness is being concerned excessively or exclusively, for oneself or one's own advantage, pleasure, or welfare, regardless of others.
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Shaping (psychology)
Shaping is a conditioning paradigm used primarily in the experimental analysis of behavior.
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Silicon Valley
Silicon Valley (abbreviated as SV) is a region in the southern San Francisco Bay Area of Northern California, referring to the Santa Clara Valley, which serves as the global center for high technology, venture capital, innovation, and social media.
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Simon Gächter
Simon Gächter (born 8 March 1965 in Nenzing, Vorarlberg) is an Austrian economist.
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Slope
In mathematics, the slope or gradient of a line is a number that describes both the direction and the steepness of the line.
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Social engineering (political science)
Social engineering is a discipline in social science that refers to efforts to influence particular attitudes and social behaviors on a large scale, whether by governments, media or private groups in order to produce desired characteristics in a target population.
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Social influence
Social influence occurs when a person's emotions, opinions, or behaviors are affected by others.
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Social preferences
Social preferences are a type of preference studied in behavioral and experimental economics and social psychology, including interpersonal altruism, fairness, reciprocity, and inequity aversion.
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Social psychology
Social psychology is the study of how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.
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Socioeconomics
Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes.
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Springer Science+Business Media
Springer Science+Business Media or Springer, part of Springer Nature since 2015, is a global publishing company that publishes books, e-books and peer-reviewed journals in science, humanities, technical and medical (STM) publishing.
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Statistics
Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data.
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Stereotype
In social psychology, a stereotype is an over-generalized belief about a particular category of people.
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Stimulus–response model
The stimulus–response model is a characterization of a statistical unit (such as a neuron) as a black box model, predicting a quantitative response to a quantitative stimulus, for example one administered by a researcher.
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Stock market crash
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth.
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Stock valuation
In financial markets, stock valuation is the method of calculating theoretical values of companies and their stocks.
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Strategy (game theory)
In game theory, a player's strategy is any of the options he or she can choose in a setting where the outcome depends not only on his own actions but on the action of others.
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Systemic bias
Systemic bias, also called institutional bias, is the inherent tendency of a process to support particular outcomes.
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Tax evasion
Tax evasion is the illegal evasion of taxes by individuals, corporations, and trusts.
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Technical analysis
In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
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Terminology
Terminology is the study of terms and their use.
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Terrance Odean
Terrance Odean (born c. 1950) is the Rudd Family Foundation Professor and Chair of the Finance Group at the Haas School of Business, University of California, Berkeley.
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The American Economic Review
The American Economic Review is a peer-reviewed academic journal of economics.
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The Guardian
The Guardian is a British daily newspaper.
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The New Palgrave Dictionary of Economics
The New Palgrave Dictionary of Economics (2008), 2nd ed., is an eight-volume reference work on economics, edited by Steven N. Durlauf and Lawrence E. Blume and published by Palgrave Macmillan.
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The Spectator
The Spectator is a weekly British magazine on politics, culture, and current affairs.
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The Theory of Moral Sentiments
The Theory of Moral Sentiments is a 1759 book by Adam Smith.
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The Times
The Times is a British daily (Monday to Saturday) national newspaper based in London, England.
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Tshilidzi Marwala
Tshilidzi Marwala (OMB) born 28 July 1971 in Venda, Transvaal, South Africa is currently the Vice-Chancellor and Principal of the University of Johannesburg.
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Uncertainty
Uncertainty has been called "an unintelligible expression without a straightforward description".
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University of Chicago
The University of Chicago (UChicago, U of C, or Chicago) is a private, non-profit research university in Chicago, Illinois.
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University of Michigan
The University of Michigan (UM, U-M, U of M, or UMich), often simply referred to as Michigan, is a public research university in Ann Arbor, Michigan.
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University of Stirling
The University of Stirling is a public university founded by Royal charter in 1967.
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Uri Gneezy
Uri Hezkia Gneezy (born June 6, 1967) is the Epstein/Atkinson Endowed Chair in Behavioral Economics and Professor of Economics & Strategy at the University of California, San Diego's Rady School of Management.
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Urinal
A urinal is a sanitary plumbing fixture for urination only, predominantly used by males.
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Utility
Within economics the concept of utility is used to model worth or value, but its usage has evolved significantly over time.
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Vernon L. Smith
Vernon Lomax Smith (born January 1, 1927) is an American professor of economics and law at Chapman University's Argyros School of Business and Economics and School of Law in Orange, California, a former professor of economics and law at George Mason University, and a board member of the Mercatus Center in Arlington, Virginia.
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Vilfredo Pareto
Vilfredo Federico Damaso Pareto (born Wilfried Fritz Pareto, 15 July 1848 – 19 August 1923) was an Italian engineer, sociologist, economist, political scientist, and philosopher, now also known for the 80/20 rule, named after him as the Pareto principle.
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Walter Mischel
Walter Mischel (born February 22, 1930) is an Austrian-born American psychologist specializing in personality theory and social psychology.
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Ward Edwards
Ward Edwards (1927–2005) was an American psychologist, prominent for work on decision theory and on the formulation and revision of beliefs.
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Werner De Bondt
Werner F.M. De Bondt is one of the founders in the field of behavioral finance.
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Behavioral Economics, Behavioral Finance, Behavioral finance, Behavioural Economics, Behavioural Finance, Behavioural economics, Behavioural finance, Behavioural game theory, Business behavior, Criticism of behavioral economics, Economic behavior, Economic behaviour, Economic psychology, Financial behavior, Financial psychology, History of behavioral economics, Investment psychology, Investor behavior, Investor preference, Investor psychology, Market psychology, Money behavior, Psycho-Economics, Psychoeconomics, Psychological economics, Psychology of markets.
References
[1] https://en.wikipedia.org/wiki/Behavioral_economics
