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Behavioral economics combines information about human behavior and outcomes with more standard methods of economic analysis. Behavioral economics has been applied in various contexts such as individual decision-making, nutrition policy, housing, and health insurance, and addressing addictive disorders. It is increasingly influencing standard economics, as well as commercial and public policy objectives through its many applications. The goal of this consensus study is to examine the history and progress of the field of behavioral economics in order to assess future prospects for research and possible impacts on policy.
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Behavioral Economics: Policy Impact and Future Directions
Consensus Study Report
·2023
Behavioral economics - a field based in collaborations among economists and psychologists - focuses on integrating a nuanced understanding of behavior into models of decision-making. Since the mid-20th century, this growing field has produced research in numerous domains and has influenced policymak...
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