Why policy makers and social scientists should be adopting behavioral economics? An analysis for the period 2000-2020.

This paper presents three analysis concerning the relevance of Behavioral Economics (BE). First, to evaluate its academic relevance, we analyze the impact of BE contributions in some of the main scientific databases. Second, to recognize the level of implementation, we analyze the reports published...

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Main Authors: Iñaki Aliende, Lorenzo Escot
Format: Article
Language:English
Published: Universidad Católica de Colombia 2022-06-01
Series:Revista Finanzas y Política Económica
Subjects:
Online Access:https://revfinypolecon.ucatolica.edu.co/article/view/4002
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author Iñaki Aliende
Lorenzo Escot
author_facet Iñaki Aliende
Lorenzo Escot
author_sort Iñaki Aliende
collection DOAJ
description This paper presents three analysis concerning the relevance of Behavioral Economics (BE). First, to evaluate its academic relevance, we analyze the impact of BE contributions in some of the main scientific databases. Second, to recognize the level of implementation, we analyze the reports published by international organizations and the so-called Behavioral Insight Units (nudge units). And third, to validate BE as a distinctive approach, we compare eight recognized scientific papers. As conclusion, although there is a remarkable consolidation of BE as academic discipline, the applied reach of BE is still limited since only seven countries show its comprehensive implementation.
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spelling doaj.art-5ce1934e446e4493a81f521eb0c8d1542023-11-02T08:30:39ZengUniversidad Católica de ColombiaRevista Finanzas y Política Económica2248-60462011-76632022-06-01142Why policy makers and social scientists should be adopting behavioral economics? An analysis for the period 2000-2020.Iñaki Aliende0Lorenzo Escot1Universidad Complutense de Madrid - Facultad de Estudios Estad´ísticosUniversidad Complutense de Madrid - Facultad de Estudios Estadísticos This paper presents three analysis concerning the relevance of Behavioral Economics (BE). First, to evaluate its academic relevance, we analyze the impact of BE contributions in some of the main scientific databases. Second, to recognize the level of implementation, we analyze the reports published by international organizations and the so-called Behavioral Insight Units (nudge units). And third, to validate BE as a distinctive approach, we compare eight recognized scientific papers. As conclusion, although there is a remarkable consolidation of BE as academic discipline, the applied reach of BE is still limited since only seven countries show its comprehensive implementation. https://revfinypolecon.ucatolica.edu.co/article/view/4002Behavioral economics, nudge unit, cognitive bias, bounded rationality, methodological framework; economic doctrines
spellingShingle Iñaki Aliende
Lorenzo Escot
Why policy makers and social scientists should be adopting behavioral economics? An analysis for the period 2000-2020.
Revista Finanzas y Política Económica
Behavioral economics, nudge unit, cognitive bias, bounded rationality, methodological framework; economic doctrines
title Why policy makers and social scientists should be adopting behavioral economics? An analysis for the period 2000-2020.
title_full Why policy makers and social scientists should be adopting behavioral economics? An analysis for the period 2000-2020.
title_fullStr Why policy makers and social scientists should be adopting behavioral economics? An analysis for the period 2000-2020.
title_full_unstemmed Why policy makers and social scientists should be adopting behavioral economics? An analysis for the period 2000-2020.
title_short Why policy makers and social scientists should be adopting behavioral economics? An analysis for the period 2000-2020.
title_sort why policy makers and social scientists should be adopting behavioral economics an analysis for the period 2000 2020
topic Behavioral economics, nudge unit, cognitive bias, bounded rationality, methodological framework; economic doctrines
url https://revfinypolecon.ucatolica.edu.co/article/view/4002
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AT lorenzoescot whypolicymakersandsocialscientistsshouldbeadoptingbehavioraleconomicsananalysisfortheperiod20002020