Question
What are people saying about behavioral economics? 1.1 Find one article from any major newspaper or magazine that discusses a concept from behavioral economics, with
What are people saying about behavioral economics?
1.1 Find one article from any major newspaper or magazine that discusses a concept from behavioral economics, with the following constraints:
- It must be recent: published since January 2020.
- It should describe a study or discuss evidence of some claim.
- It does not need to address a topic that we have covered in this class, but it does need to have an explicitly stated link to behavioral economics/psychology and economics or a topic within these fields.
Copy the article or include a link.
1.2 describing the findings or the article.
describe how the phenomenon described does not fit with classical economics.
The article should describe/mention a study or evidence to support some claim. describe how credible you find this claim. What possible threats to its validity can you find?
Possible search terms:
- Endowment effect
- Prospect theory
- "Psychology and economics"
- Fairness
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