Showing results for "behavioral economics"

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Tech & Science dictionary results for behavioral economics.

behavioral economics

American  

[bih-heyv-yer-uhl ek-uh-nom-iks, eekuh-] / bɪˈheɪv jər əl ˌɛk əˈnɒm ɪks, ˌikə- /

noun

(used with a singular verb)

1. the branch of economics dealing with the effects of psychological, emotional, cultural, and social factors on individual or group economic decision-making, as distinguished from classical economics, which assumes that people will make the optimal economic decisions based on rational self-interest and utility.

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Etymology

Origin of behavioral economics

First recorded in 1955–60

Example Sentences

See Examples For:

behavioral economics

To dig deeper, the researchers built a mathematical model using tools from game theory and behavioral economics.

From Science Daily ● Mar. 2, 2026

The ascent of behavioral economics was complete, or at least so it seemed.

From The Wall Street Journal ● Dec. 26, 2025

As Mr. Thaler reports, “despite the empirical robustness and conceptual importance of these findings, insights from behavioral economics remain largely absent from mainstream economics textbooks.”

From The Wall Street Journal ● Dec. 26, 2025

But here’s where behavioral economics and investment strategy diverge: I don’t need everyone to follow through.

From MarketWatch ● Oct. 17, 2025

“People are starting to think through needs versus wants a little bit more,” Elizabeth Schwab, founding chair of The Chicago’s School’s graduate behavioral economics program, said.

From Salon ● Oct. 17, 2024