IJEFSD
Vol. 5 No. 4 (2023): International Journal on Economics, Finance and Sustainable Development (IJEFSD

Behavioral Economics as a New Economics Field

Ibragimovich, Berdiev Gayrat (Unknown)
kizi, Sheralieva Farangis Narzulla (Unknown)

Article Info

Publish Date
13 Apr 2023

Abstract

Behavioral economics joined science as a new avenue in the 1970s and 1980s. The article covers the essence, historical evolution, and theoretical underpinnings of behavioral economics, as well as theoretical and practical aspects connected to behavioral economics. The parallels and contrasts between the theories advanced by members of the behavioral economics school and those of classical economics are explored, as well as economic decision-making and its efficacy. The author recommends having scientific and practical expertise in integrating behavioral economics principles to economics.

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Journal Info
IJEFSD
Website

Abbrev

IJEFSD

Publisher

Research Parks Publishing

Subject

Economics, Econometrics & Finance

Description

International Journal on Economics, Finance and Sustainable Development (IJEFSD) is an international, peer-reviewed, and scholarly journal aimed at being a platform for interdisciplinary researchers across the globe to develop and advance both theory and practice of economics and finance while ...