Advancing Beyond Advances in Behavioral Economics
Author: Fudenberg, Drew
Source: Journal of Economic Literature, Volume 44, Number 3, September 2006 , pp. 694-711(18)
Publisher: American Economic Association
Abstract:This essay discusses the field of behavioral economics, with a focus on the papers in Advances in Behavioral Economics. These papers show that there is a body of "behavioral facts" that is both economically significant and regular enough to be modeled. For the field to advance further, it should devote more attention to the foundations of its models, and develop unified explanations for a wider range of phenomena.
Document Type: Research Article
Publication date: September 1, 2006
- The Journal of Economic Literature (JEL) began publication in 1969 under the auspices of the American Economic Association with quarterly issues appearing in March, June, September, and December. JEL contains survey and review articles, book reviews, an annotated bibliography of newly published books, and a list of current dissertations in North American universities.
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