Behavioral Economics: Past, Present, and Future

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Document Outline

• Behavioral Economics: Past, Present, and Future
  • I. The Historical Roots of Behavioral Economics
  • II. Explainawaytions
    • A. As If
    • B. Experiments, Incentives, and Learning
    • C. The Invisible Handwave
  • III. Financial Markets
  • IV. One Theory, Two Tasks
    • A. Behavioral Preferences
    • B. Behavioral Beliefs
  • V. Supposedly Irrelevant Factors
  • VI. Conclusion
  • REFERENCES