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RSS FeedsHow Behavioral Economics Changes Personal Perception
(World News Russia)


14 november 2017 16:12:14

How Behavioral Economics Changes Personal Perception
(World News Russia)

In 2017 Richard Thaler received the Nobel Prize for research in behavioral economics. Since 2009, the HSE Laboratory for Experimental and Behavioral Economics has been researching this field of economics. Alexey Belianin, Head of the Laboratory and Deputy Director of the International College of Economics and Finance, and lab staff members told HSE News Service why standard economic models do not work and how to make a person behave in a particular way. What is Behavioral Economics? In 2017, the Nobel Prize in Economic Sciences was awarded for research in the field of behavioral economics for the first time, but this was not the first prize for research in this field. Herbert Simon was...
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