A Psychological Perspective on Economics

By Daniel Kahneman. 2003

471 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/d1022707afb2428196aedb817b781f0b2be4fef1

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Citations in the corpus

Delay discounting: concepts and measures (2012, background): “It is not possible to assume that everyone has rational beliefs and makes rational choices at all times (Kahneman, 2003).”
The Revolution in Welfare Economics and Its Implications for Environmental Valuation and Policy (2004, background): “Second, as discussed in this paper, numerous studies indicate that people are not “rational” in their market choices (Kahneman 2003).”
Economics Language and Assumptions: How Theories can Become Self-Fulfilling (2003, unknown): “Kay and Ross (2003) have demonstrated, again using the prisoner’s dilemma situation, that even more subtle cooperative or competitive priming could produce effects on both perceptions of the norms for the game and subjects’ own willingness to cooperate or defect.”
Leader Ethical Decision-Making in Organizations: Strategies for Sensemaking (2012, background): “…especially for those in complex environments (e.g., Brady and Wheeler 1996; Butterfield et al. 2000; Haines et al. 2008; Jones and Hiltebeitel 1995; Kahneman 2003; McDevitt and Van Hise 2002; Moore and Loewenstein 2004; Schweitzer et al. 2005; Street et al. 2001; Tenbrunsel and Messick 2004;…”
Does residents' perceived life satisfaction vary with tourist season? A two-step survey in a Mediterranean destination (2016, background): “Useful insights may be found in some basic references (for example Woo, Kin, & Uysal, 2015; Bruni and Porta 2007; Frey 2010; McCabe and Johnson 2013; Veenhoven 2007; Filep and Deery, 2010; Kahneman, 2003; Kahneman, Wakker and Sarin 1997).”
Beyond Self-Interest Revisited (2006, unknown): “deontology – argues that duty is a key motive for individual action ( Jolivet, 1976).”
What we know about anticonsumption: An attempt to nail jelly to the wall (2020, background): “Such implicit processes are important for explaining human behavior (Evans, 2006) and have considerable implications for the business world (Kahneman, 2003).”
Are Risk Preferences Stable Across Contexts? Evidence from Insurance Data (2011, background): “…generally involve laboratory, field, or natural experiments (for reviews, see Tversky and Thaler 1990; Colin Camerer 1995; Rabin 1998; Starmer 2000; Kahneman 2003a, b).2 Notably, several studies find that preferences over money lotteries depend on whether they are framed as a “gamble” or as…”
Merger Simulation in Competition Policy: A Survey (2010, unknown): “Kahneman 2003a, 2003b ) demonstrate, decision-makers tend to create alternative strategies not until the ‘old’ recipes fail (new framing; adjustment of mental models), in other words, changes in the form of competition can hardly be simulated because”
Using Behavioral Economics to Design More Effective Food Policies to Address Obesity (2014, background): “In reality, individuals are highly prone to sticking with the current or default option even when superior options are available, regardless of the order in which the alternative options are presented (Kahneman 2003a).”
Household energy use: Applying behavioural economics to understand consumer decision-making and behaviour (2015, background): “be loss averse by weighing losses more heavily than equalsized gains, particularly as the stakes rise [33,43].”
Lost in Transition: Life Satisfaction on the Road to Capitalism (2009, unknown): “Based on Gallup World Poll data for four dates between 1994 and 2004, Kahneman and Krueger (2006) report a steady decline in the per cent of the population somewhat or very satisfied with life.”
A Structural Analysis of Disappointment Aversion in a Real Effort Competition (2012, unknown): “Starting with Kahneman and Tversky (1979), most models of loss aversion take the reference point to be fixed exogenously, for example assuming it to be equal to the status quo.”
New market creation through transformation (2005, unknown): “Evidence for limitations come not only from empirical observations of how people actually make decisions ( Kahneman, 2003 ), but also from what we know now about how the brain works (Loasby, 2004) and how human cognition is bounded both by biological and ecological constraints (Gigerenzer and Todd, ”
Corporate Social Responsibility, Noise, and Stock Market Volatility (2012, background): “Market participants, like all human decision makers, tend to eschew rational utility calculations in favor of decision-making shortcuts (Kahneman, 2003; Kahneman, Slovic, & Tversky, 1982; Shiller, 2005) because, typically, it is costlier to acquire valid information about specific company…”