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All Articles tagged behavioral economics

  • Old and New Development Economics: A Reassessment of Objectives Articles
    August 05, 2021 CDT
    Old and New Development Economics: A Reassessment of Objectives
    Victor I. EspinosaÓscar R. Carreiro

    The behavioral economics-based "new development economics" is just like the old development economics, say Espinosa and Carreiro. The Austrian theory of dynamic efficiency offers a useful path forward.

  • Book Review: "Escaping Paternalism" Book Reviews
    December 08, 2020 CDT
    Book Review: “Escaping Paternalism”
    David Gordon

    David Gordon reviews Mario Rizzo and Glen Whitman's discussion of behavioral economics, which suggests we know much less about the prevalence of irrational choice than behavioral economists think we do.