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We're all behavioral economists now

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  • Erik Angner

Abstract

Behavioral economics has long defined itself in opposition to neoclassical economics, but recent developments suggest a synthesis may be on the horizon. In particular, several economists have argued that behavioral factors can be incorporated into standard theory, and that the days of behavioral economics are therefore numbered. This paper explores the proposed synthesis and argues that it is distinctly behavioral in nature – not neoclassical. Far from indicating that behavioral economics as a stand-alone research program is over, the proposed synthesis represents the consummate conversion of neoclassical economists into behavioral ones.

Suggested Citation

  • Erik Angner, 2019. "We're all behavioral economists now," Journal of Economic Methodology, Taylor & Francis Journals, vol. 26(3), pages 195-207, July.
    • Handle: RePEc:taf:jecmet:v:26:y:2019:i:3:p:195-207
    DOI: 10.1080/1350178X.2019.1625210
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    Cited by:

    1. Louis-Gaëtan Giraudet & Antoine Missemer, 2019. "The Economics of Energy Efficiency, a Historical Perspective," Working Papers halshs-02301636, HAL.
    2. Mark Fabian, 2021. "Improving Interdisciplinary Research in Well-Being—A Review with Further Comments of Michael Bishop’s The Good Life: Unifying the Philosophy and Psychology of Well-Being," Journal of Happiness Studies, Springer, vol. 22(6), pages 2829-2844, August.
    3. Louis-Gaëtan Giraudet & Antoine Missemer, 2019. "The Economics of Energy Efficiency, a Historical Perspective," CIRED Working Papers halshs-02301636, HAL.

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