Conference Paper

The behavioral challenge to economics: understanding normal people


Abstract: This essay is about what behavioral economics has established, what the new research frontiers are, and what can be said about welfare and consequently about policy.

Keywords: Economics; Economic policy; Macroeconomics;

Status: Published in How humans behave: implications for economics and economic policy

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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Conference Series ; [Proceedings]

Publication Date: 2003

Volume: 48

Issue: Jun