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A blog about cognitive and behavioural economics. Building mathematical models of how psychology influences economic systems.


On the identity and methods of behavioural economics

Sun, 23 Mar 2014 15:45:21 GMT

The FT has a very good article from Tim Harford today, surveying behavioural economics and asking some important questions about it. People within a field can be so immersed in their unconscious assumptions and practices that it takes an outsider to point out some of the questions they are not asking. Tim says: The past decade has been a triumph for behavioural economics...[which] is one of the hottest ideas in public policy....Yet, as with any success story, the backlash has begun. Critics...

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