Behavioral Economics and the Changing Profession

Behavioral economics has been a thriving area of research for some time, but the current economic crisis has brought many of the core ideas of the subject, such as crowd behavior and rationality, to the fore. In this provocative short film, Laureates and young researchers at the 2011 Lindau Meeting in the Economic Sciences, discuss the intellectual contribution of behavioral economics, examine its place within the discipline of economics, and discuss where it must go in order to have a future. On the theme of scientific progress, the film closes with some lively discussion on the openness of the field to the influence of other social sciences. Featuring Laureates Akerlof, Aumann, Maskin, McFadden, and Phelps.

Category:

Education

Tags:

• Nobel
• laureate
• economics
• behavioural
• behavioral
• palgrave
• macmillan
• worth
• publishers
• lindau