Behavioral Economics and Its Applications

Edited by Peter Diamond and Hannu Vartiainen, this volume brings together leading economists to show how behavioral economics can be applied across the field. The contributors examine six areas, public economics, development, law and economics, health, wage determination and organizational economics, where ideas from psychology have already proved useful. The essays argue for much wider use of behavioral insights in economic theory and policy.

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Shane Parrish: “In this volume, some of the world’s leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated–public economics, development, law and economics, health,…”