Misbehaving: The Making of Behavioral Economics

By Richard H. Thaler. 2015

1,018 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/95fb8cb218d540fa02694acef11e192daeb2c555

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In General Decision Sciences

Citations in the corpus

Models Are Stupid, and We Need More of Them (2017, background): “…economists have fallen prey to a sort of theory-induced blindness, giving too much credence to their models—which are generally based on the theory of the rational actor—and ignoring the fact that the core assumptions of the model are based on severe distortions of human psychology (Thaler, 2015).”
A Review of Nudges: Definitions, Justifications, Effectiveness (2020, neutral): “Notably, insofar as they are informed by libertarian paternalism, nudges should aim at making decision-makers “better off, as judged by themselves” (Thaler & Sunstein, 2009, p. 5; see also Thaler, 2015, pp. 325−326).”
Valuing natural capital and ecosystem services toward the goals of efficiency, fairness, and sustainability (2020, background): “Better E-valuation can incorporate what we are learning about human psychology and choice behaviour (Kahnemann, 2011).”
Two sides of the same coin: consequential life cycle assessment based on the attributional framework (2016, background): “On theotherhand, they are also grounded on restrictive, unrealistic assumptions (e.g., rational expectation) that undermine the relevance and accuracy of their estimates (see, e.g., (Barker, 2004;DeCanio, 2003; Thaler, 2015) for detailed critique).”
Behavioural Insights and (Un)healthy Dietary Choices: a Review of Current Evidence (2018, background): “Changing the Physical Food Environment When consumers make purchase decisions they are subject to the arrangement of items and “seemingly irrelevant factors” (Thaler 2015) that do not directly aim to raise health awareness yet still influence choices.”
Poverty and economic decision making: a review of scarcity theory (2021, background): “The original purchase price should be seen as a ‘‘supposedly irrelevant factor’’ (Thaler 2015).”
Green nudges: Do they work? Are they ethical? (2016, background): “Behavioral Economics has established itself as a vibrant new subfield in modern economics (Kahneman, 2011; Thaler, 2015).”
The Bias Bias in Behavioral Economics (2018, background): “The irrationality argument provides a convenient rhetoric to attribute problems caused by flawed incentives and system failures to flaws inside people’s minds, detracting from political and industrial causes (e.g., Conley, 2013; Thaler, 2015; Thaler and Sunstein, 2008).”
Payments for Environmental Services and Motivation Crowding: Towards a Conceptual Framework (2019, background): “Understanding why we act the way we do has been a subject of reflection for centuries by philosophers, economists, sociologists, psychologists and, more recently, neuroscientists (Koob et al., 2010; Thaler, 2015).”