Paul Ormerod
23 October 2015

Behavioural economics involves the application of the insights of experimentally-based behavioural psychology to the analysis of economic decision-making. It has had a substantial impact on policy...
Steven Horwitz
6 July 2015

One thing that has always struck me about behavioural economics are the parallels to arguments about market failure (such as externalities). Much of behavioural economics shows us that economic...
1 April 2014
1 comment

A rapidly growing literature on behavioural economics shows that some errors made by regulators are persistent and predictable. Behavioural economics uses insights from psychology to explain why...