please read this article https://www.sciencedirect.com/topics/neuroscience/behavioral-economics

please read this article https://www.sciencedirect.com/topics/neuroscience/behavioral-economics

I know that a lot of work in the field of behavioral economics is related to experiments. Often they test some classical hypotheses of economics. Games are more frequent.

As for me, I has been impressed by this study in Santa Fe institute (USA). They made 15 experiments across different cultural groups and found that nobody behaves as homo economicus. Here you can download the file: Article “Economic man” in cross-cultural perspective: Behavioral exp...

What are the differences between behavioral economics vs. consumer economics?

In the context of the above considerations, the following question is also current:

Is the importance of the psychology of financial markets and behavioral economics in the securities markets falling after the global financial crisis?

Are the investors operating in securities markets more cautious in making investment decisions after the global financial crisis, or are they more thoroughly analyzing the investment risk of investing in capital markets?

Has any of you conducted research aimed at identifying possible changes in the significance of the psychology of financial markets and behavioral economics in the capital markets, including securities markets after the global financial crisis of 2008?

If research shows that the importance of the psychology of financial markets and behavioral economics on the capital markets is decreasing, what is it mainly determined?

Is this the result of post-crisis higher awareness of investment risk among investors, or also changes in the structure of dominant segments of investors operating on capital markets, or is it also the result of the increase in the number of transactions conducted by computerized transaction systems?

Please reply.

I invite you to the discussion

Best wishes

Inter-temporal choice and utility: the shortcomings in Fisher discounting model, and the now traditional hyperbolic discounting cumulative utility.

Summing up, Behavioral Economics proposes a way of building successful interventions to influence people decisions, in order to improve the result of their decisions.

The scope of application includes various fields from health to crime.

I recommend this presentation for further examples: Conference Paper Behavioural Economics and consumer's choice

Dear Waqas Ali, Yuri Yegorov, Dennis Mazur, Renaud Di Francesco, Iñaki Aliende, Thank you very much for your answer and participation in the discussion. Best wishes, Have a nice day,

Dariusz Prokopowicz