Economia: Journal of Economics and Management
Focus and Scope Focus Economia: Journal of Economics and Management focuses on publishing high-quality scholarly articles that examine both contemporary and classical issues in the fields of economics, business, finance, and management within local, national, regional, and global contexts. The journal promotes interdisciplinary and multidisciplinary approaches in analyzing economic and managerial dynamics, integrating perspectives from conventional economics, Islamic economics, development economics, digital economy, and value-based and sustainability-oriented economic systems. Scope Economia: Journal of Economics and Management publishes scholarly articles that include, but are not limited to, the following areas: Economics: Microeconomics and macroeconomics, development economics, regional and urban economics, international economics, political economy, public economics, institutional economics, environmental and natural resource economics, agricultural economics, industrial economics, creative economy, digital economy, behavioral economics, health economics, education economics, community-based economy, sustainable economy, green economy, circular economy, and Islamic economics (Shariah-based economic systems, Islamic economic thought, Islamic social finance, zakat, waqf, Islamic philanthropy, maqasid al-shariah in economics, and value-based development models). Business and Entrepreneurship: Business studies, entrepreneurship, MSMEs and community-based enterprises, business innovation, business models, digital business, startups and technopreneurship, e-commerce, sustainable business, social business and social entrepreneurship, corporate governance, business ethics, and corporate social responsibility (CSR). Finance: Public finance, corporate finance, banking and financial institutions, capital markets, investment, risk management, asset management, international finance, financial inclusion, financial literacy, fintech and digital finance, digital payment systems, and Islamic finance (Islamic banking, Shariah capital markets, Islamic fintech, Islamic financial management, sukuk, takaful, and Islamic social finance). Management: Strategic management, human resource management, marketing management, operations management, supply chain management, quality management, innovation management, knowledge management, organizational management, leadership, organizational behavior, education management, public management, nonprofit and public sector management, technology-based management, change management, and digital transformation management. Interdisciplinary and Cross-Cutting Studies: Economics and public policy, economics and law, economics and education, economics and technology, economics and socio-cultural studies, economics and environmental studies, economics and sustainable development (SDGs), digital transformation in economics and management, and interdisciplinary studies integrating economics, business, management, technology, and society.
Articles
20 Documents
<![CDATA[Bias Perilaku dalam Keputusan Keuangan: Perspektif Ekonomi Perilaku Modern ]]>
<![CDATA[Yusriza Yusriza]]>;
<![CDATA[Irhamna Irhamna]]>;
<![CDATA[Evi Rahayu]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This study aims to analyze the role of behavioral biases in the process of financial decision-making by employing the perspective of modern behavioral economics. In classical economic theory, individuals are assumed to be rational and capable of consistently maximizing utility. However, various findings in behavioral economics indicate that financial decisions are often influenced by psychological factors, cognitive limitations, and emotions. This article examines several common forms of behavioral biases, such as overconfidence bias, loss aversion, anchoring, and herd behavior, along with their implications for investment decisions, risk management, and financial planning. Through a conceptual analysis based on a review of the literature, this study explains how deviations from rationality can affect the quality of decisions and potentially generate market inefficiencies. In addition, the discussion highlights the relevance of integrating psychological and economic approaches to better understand the dynamics of individual financial behavior. The findings suggest that understanding behavioral biases is essential for improving financial literacy and enhancing the quality of decision-making, both at the individual and institutional levels. Therefore, the modern behavioral economics perspective makes a significant contribution to enriching contemporary financial analysis. Abstrak Penelitian ini bertujuan untuk menganalisis peran bias perilaku dalam proses pengambilan keputusan keuangan dengan menggunakan perspektif ekonomi perilaku modern. Dalam teori ekonomi klasik, individu diasumsikan rasional dan mampu memaksimalkan utilitas secara konsisten. Namun, berbagai temuan dalam ekonomi perilaku menunjukkan bahwa keputusan keuangan sering kali dipengaruhi oleh faktor psikologis, keterbatasan kognitif, serta emosi. Artikel ini mengkaji berbagai bentuk bias perilaku yang umum terjadi, seperti overconfidence bias, loss aversion, anchoring, dan herd behavior, serta implikasinya terhadap keputusan investasi, pengelolaan risiko, dan perencanaan keuangan. Melalui pendekatan analisis konseptual berbasis literatur, studi ini menjelaskan bagaimana penyimpangan dari rasionalitas dapat memengaruhi kualitas keputusan dan berpotensi menimbulkan inefisiensi pasar. Selain itu, pembahasan juga menyoroti relevansi integrasi pendekatan psikologi dan ekonomi dalam memahami dinamika perilaku keuangan individu. Hasil kajian menunjukkan bahwa pemahaman terhadap bias perilaku menjadi penting dalam meningkatkan literasi keuangan dan kualitas pengambilan keputusan, baik pada level individu maupun institusi. Oleh karena itu, perspektif ekonomi perilaku modern memberikan kontribusi signifikan dalam memperkaya analisis keuangan kontemporer.]]>
<![CDATA[Dinamika Ekonomi Digital dan Implikasinya terhadap Model Bisnis ]]>
<![CDATA[Maya Listanti]]>;
<![CDATA[Fery Angga Saputra]]>;
<![CDATA[Anjumi Zia Ulhaq]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[The development of the digital economy has fundamentally transformed market structures, consumer behavior, and organizational operations. This article aims to analyze the dynamics of the digital economy and its implications for business model transformation through a literature review approach. The study examines various scholarly works related to digitalization, technological innovation, platform economy, big data, and shifts in value propositions within modern organizations. The findings indicate that the digital economy accelerates the transition from conventional business models toward platform-based, ecosystem-oriented, and data-driven strategies. Digital transformation enhances operational efficiency, expands market reach, and enables service personalization through data analytics. Nevertheless, challenges such as industry disruption, cybersecurity risks, and digital inequality remain critical strategic concerns that require adaptive management. Therefore, firms must develop dynamic capabilities, continuous innovation, and integrated digital transformation strategies to sustain competitiveness. This article provides a conceptual contribution to understanding the relationship between digital economic dynamics and the evolution of business models in contemporary management discourse. Abstrak Perkembangan ekonomi digital telah mengubah secara fundamental struktur pasar, perilaku konsumen, serta pola operasional perusahaan. Artikel ini bertujuan untuk menganalisis dinamika ekonomi digital dan implikasinya terhadap transformasi model bisnis melalui pendekatan kajian pustaka. Studi ini menelaah berbagai literatur terkait digitalisasi, inovasi teknologi, platform economy, big data, serta perubahan value proposition dalam organisasi modern. Hasil kajian menunjukkan bahwa ekonomi digital mendorong pergeseran dari model bisnis konvensional menuju model berbasis platform, ekosistem, dan data-driven strategy. Digitalisasi juga meningkatkan efisiensi operasional, memperluas akses pasar, serta memungkinkan personalisasi layanan berbasis analitik data. Namun demikian, tantangan seperti disrupsi industri, keamanan siber, dan ketimpangan digital tetap menjadi isu strategis yang harus dikelola secara adaptif. Oleh karena itu, perusahaan dituntut untuk mengembangkan kapabilitas dinamis, inovasi berkelanjutan, dan strategi transformasi digital yang terintegrasi. Artikel ini memberikan kontribusi konseptual dalam memahami hubungan antara dinamika ekonomi digital dan evolusi model bisnis dalam konteks manajemen kontemporer.]]>
<![CDATA[Landasan Konseptual Ekonomi dan Manajemen dalam Pengelolaan Sumber Daya ]]>
<![CDATA[Maria Fifi Yanti]]>;
<![CDATA[Muchtar Muchtar]]>;
<![CDATA[Khairul Afdhal]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This article aims to examine the conceptual foundations of economics and management in resource management from a comprehensive perspective. In economics, resources are understood as limited factors of production that require rational choice and efficient allocation mechanisms. Meanwhile, management emphasizes the processes of planning, organizing, directing, and controlling to ensure that resources are utilized effectively in achieving organizational goals. This study employs a qualitative approach based on literature review by examining classical and contemporary theories in economics and management. The findings indicate that integrating economic and managerial perspectives provides a more comprehensive analytical framework for understanding the dynamics of resource management, both at the organizational level and within broader systems. Economic efficiency without sound managerial governance may lead to operational ineffectiveness, while management practices lacking economic rationality can result in waste and allocation distortions. Therefore, the conceptual synergy between economics and management constitutes a crucial foundation for establishing resource management systems that are sustainable, adaptive, and value-oriented. Abstrak Artikel ini bertujuan untuk mengkaji landasan konseptual ekonomi dan manajemen dalam pengelolaan sumber daya secara komprehensif. Dalam perspektif ekonomi, sumber daya dipahami sebagai faktor produksi yang bersifat terbatas sehingga menuntut adanya pilihan rasional dan mekanisme alokasi yang efisien. Sementara itu, manajemen menekankan proses perencanaan, pengorganisasian, pengarahan, dan pengendalian untuk memastikan sumber daya dimanfaatkan secara efektif dalam mencapai tujuan organisasi. Kajian ini menggunakan pendekatan kualitatif berbasis studi literatur dengan menelaah berbagai teori klasik dan kontemporer dalam ekonomi dan manajemen. Hasil kajian menunjukkan bahwa integrasi perspektif ekonomi dan manajerial menghasilkan kerangka analitis yang lebih utuh dalam memahami dinamika pengelolaan sumber daya, baik pada level organisasi maupun sistem yang lebih luas. Efisiensi ekonomi tanpa tata kelola manajerial yang baik berpotensi menimbulkan inefektivitas operasional, sementara praktik manajemen tanpa dasar rasionalitas ekonomi dapat mengarah pada pemborosan dan distorsi alokasi. Oleh karena itu, sinergi konseptual antara ekonomi dan manajemen menjadi fondasi penting dalam menciptakan sistem pengelolaan sumber daya yang berkelanjutan, adaptif, dan berorientasi pada nilai tambah.]]>
<![CDATA[Relevansi Teori Agensi dalam Ekonomi dan Manajemen Modern: Analisis Konseptual dan Implikasi Organisasional ]]>
<![CDATA[Monariska Monariska]]>;
<![CDATA[Edi Saputra]]>;
<![CDATA[Jahimi Afrizalmi]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This study aims to examine the relevance of Agency Theory in modern economics and management through a conceptual literature-based analysis. Agency Theory explains the contractual relationship between principals and agents, highlighting issues such as information asymmetry, moral hazard, and conflicts of interest. In contemporary organizational contexts characterized by increasing complexity, digital transformation, and dispersed ownership structures, agency problems remain highly significant. This paper employs a qualitative approach based on an extensive review of scholarly literature to analyze the theoretical foundations, developments, and practical implications of Agency Theory. The findings indicate that despite various criticisms and the emergence of alternative perspectives such as stewardship theory and stakeholder theory, Agency Theory continues to provide a robust analytical framework for understanding governance mechanisms, incentive alignment, monitoring systems, and organizational performance. Furthermore, the study underscores the importance of integrating behavioral and institutional dimensions to enhance the explanatory power of the theory. The article contributes to the enrichment of economic and management literature by reaffirming the strategic relevance of Agency Theory in designing effective organizational structures and governance practices in modern business environments. Abstrak Penelitian ini bertujuan untuk mengkaji relevansi Teori Agensi dalam ekonomi dan manajemen modern melalui analisis konseptual berbasis kajian pustaka. Teori Agensi menjelaskan hubungan kontraktual antara prinsipal dan agen, dengan menekankan permasalahan seperti asimetri informasi, moral hazard, dan konflik kepentingan. Dalam konteks organisasi kontemporer yang ditandai oleh kompleksitas yang meningkat, transformasi digital, dan struktur kepemilikan yang tersebar, permasalahan agensi tetap relevan. Penelitian ini menggunakan pendekatan kualitatif melalui telaah literatur ilmiah untuk menganalisis landasan teoretis, perkembangan, serta implikasi praktis Teori Agensi. Hasil kajian menunjukkan bahwa meskipun terdapat kritik dan munculnya perspektif alternatif seperti teori stewardship dan teori stakeholder, Teori Agensi tetap menjadi kerangka analitis yang kuat dalam memahami mekanisme tata kelola, penyelarasan insentif, sistem pengawasan, serta kinerja organisasi. Studi ini menegaskan pentingnya integrasi dimensi perilaku dan kelembagaan guna memperkuat daya jelaskan teori tersebut dalam lingkungan bisnis modern.]]>
<![CDATA[Internalisasi Konsep Keadilan dan Maslahah dalam Pendidikan Ekonomi ]]>
<![CDATA[Nabila Rasha]]>;
<![CDATA[Arizul Suwar]]>;
<![CDATA[T. Nazarullah T. Nazarullah]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 2 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This article aims to analyze the internalization of the concepts of justice and maslahah in economic education as an effort to develop a learning paradigm that is oriented not only toward efficiency and growth, but also toward ethical values and social benefit. This study employs a qualitative approach based on a literature review, examining works in Islamic economics, philosophy of education, and curriculum theory. The findings indicate that the concept of justice in Islamic economic thought encompasses proportional distribution, the avoidance of exploitation, and the balanced fulfillment of rights and obligations. Meanwhile, maslahah emphasizes the orientation of economic policies and activities toward sustainable collective welfare. The internalization of these concepts in economic education can be implemented through value integration within the curriculum, reflective learning approaches, and the strengthening of moral dimensions in economic case analysis. This article argues that an economic education grounded in justice and maslahah has the potential to produce graduates who are not only technically competent but also ethically sensitive and socially responsible in economic practice. Abstrak Artikel ini bertujuan menganalisis internalisasi konsep keadilan dan maslahah dalam pendidikan ekonomi sebagai upaya membangun paradigma pembelajaran yang tidak hanya berorientasi pada efisiensi dan pertumbuhan, tetapi juga pada dimensi etika dan kebermanfaatan sosial. Penelitian ini menggunakan pendekatan kualitatif berbasis kajian pustaka dengan menelaah literatur ekonomi Islam, filsafat pendidikan, dan teori kurikulum. Hasil kajian menunjukkan bahwa konsep keadilan dalam perspektif ekonomi Islam mencakup distribusi yang proporsional, penghindaran eksploitasi, serta penegakan hak dan kewajiban secara seimbang. Sementara itu, maslahah menekankan orientasi kebijakan dan aktivitas ekonomi pada kemanfaatan kolektif yang berkelanjutan. Internalisasi kedua konsep tersebut dalam pendidikan ekonomi dapat dilakukan melalui integrasi nilai dalam kurikulum, pendekatan pembelajaran reflektif, serta penguatan dimensi moral dalam analisis kasus ekonomi. Artikel ini menegaskan bahwa pendidikan ekonomi yang berbasis keadilan dan maslahah berpotensi membentuk lulusan yang tidak hanya kompeten secara teknis, tetapi juga memiliki sensitivitas etis dan tanggung jawab sosial dalam praktik ekonomi.]]>
<![CDATA[Peran Manajemen Keuangan dalam Meningkatkan Kinerja UMKM ]]>
<![CDATA[Listanti, Maya]]>;
<![CDATA[Muchtar, Muchtar]]>;
<![CDATA[T. Nazarullah, T. Nazarullah]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 1 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This study aims to analyze the role of financial management in improving the performance of Micro, Small, and Medium Enterprises (MSMEs) through a literature review approach. The research employs a descriptive qualitative method by examining relevant academic sources, including journals, books, and scholarly articles. The findings indicate that financial management plays a crucial role in enhancing MSME performance, particularly through systematic financial recording, effective cash flow management, and proper financial planning and cost control. The implementation of sound financial management practices contributes to improved operational efficiency, profitability, and business stability. Furthermore, financial management enables MSME owners to make more rational and data-driven decisions. Therefore, financial management can be considered a key factor in strengthening the competitiveness and long-term sustainability of MSMEs in a dynamic business environment. Abstrak Penelitian ini bertujuan untuk menganalisis peran manajemen keuangan dalam meningkatkan kinerja Usaha Mikro, Kecil, dan Menengah (UMKM) melalui pendekatan kajian pustaka. Metode yang digunakan adalah kualitatif deskriptif dengan mengkaji berbagai literatur ilmiah yang relevan, seperti jurnal, buku, dan artikel akademik. Hasil kajian menunjukkan bahwa manajemen keuangan memiliki peran penting dalam mendukung kinerja UMKM, terutama melalui pencatatan keuangan yang sistematis, pengelolaan arus kas yang efektif, serta perencanaan dan pengendalian biaya. Penerapan praktik manajemen keuangan yang baik terbukti mampu meningkatkan efisiensi operasional, profitabilitas, serta stabilitas usaha. Selain itu, manajemen keuangan juga berperan dalam membantu pelaku UMKM dalam pengambilan keputusan yang lebih rasional dan berbasis data. Dengan demikian, manajemen keuangan menjadi faktor kunci dalam meningkatkan daya saing dan keberlanjutan UMKM di tengah dinamika lingkungan bisnis.]]>
<![CDATA[Literasi Keuangan sebagai Strategi Peningkatan Ketahanan Ekonomi Generasi Muda di Indonesia ]]>
<![CDATA[Fifi Yanti, Maria]]>;
<![CDATA[Irhamna, Irhamna]]>;
<![CDATA[Rauzah, Rauzah]]>;
<![CDATA[Zia Ulhaq, Anjumi]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 1 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[The low level of financial literacy among young people in Indonesia poses a significant challenge that may affect their ability to cope with economic uncertainties. This study aims to analyze the role of financial literacy as a strategy to enhance the economic resilience of the younger generation. The research employs a descriptive qualitative approach using a literature study method by reviewing relevant sources, including academic journals, books, and official reports. The findings indicate that financial literacy has a significant influence on financial management behavior, such as saving habits, expenditure control, and long-term financial planning. Furthermore, financial literacy contributes to the development of financial stability, which serves as a foundation for individual economic resilience. However, its effectiveness is influenced by factors such as education, access to information, and social environment. Therefore, systematic efforts are needed to improve financial literacy as a strategic approach to strengthening the economic resilience of young people. Abstrak Rendahnya tingkat literasi keuangan di kalangan generasi muda di Indonesia menjadi permasalahan yang berpotensi memengaruhi kemampuan mereka dalam menghadapi tantangan ekonomi. Penelitian ini bertujuan untuk menganalisis peran literasi keuangan sebagai strategi dalam meningkatkan ketahanan ekonomi generasi muda. Metode yang digunakan adalah pendekatan kualitatif deskriptif melalui studi pustaka dengan mengkaji berbagai sumber literatur yang relevan, seperti jurnal ilmiah, buku, dan laporan resmi. Hasil penelitian menunjukkan bahwa literasi keuangan memiliki pengaruh signifikan terhadap perilaku pengelolaan keuangan, termasuk dalam hal menabung, pengendalian pengeluaran, dan perencanaan keuangan jangka panjang. Selain itu, literasi keuangan berkontribusi dalam membentuk stabilitas finansial yang mendukung ketahanan ekonomi individu. Namun, efektivitasnya dipengaruhi oleh faktor pendidikan, akses informasi, dan lingkungan sosial. Oleh karena itu, diperlukan upaya sistematis untuk meningkatkan literasi keuangan guna memperkuat ketahanan ekonomi generasi muda.]]>
<![CDATA[Analisis Perilaku Konsumsi Mahasiswa dalam Perspektif Ekonomi Perilaku pada Era Digital ]]>
<![CDATA[Yusriza, Yusriza]]>;
<![CDATA[Afhdal, Khairul]]>;
<![CDATA[Syarifah Wilda, Naura]]>;
<![CDATA[Amin, Muhammad]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 1 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[The development of the digital era has transformed students’ consumption patterns, which are increasingly influenced by easy access to technology and exposure to promotions. The emerging issue is that consumption behavior is not always rational and tends to be shaped by psychological factors. This study aims to analyze students’ consumption behavior from a behavioral economics perspective in the digital era. This research employs a qualitative approach using a literature review method through the analysis of relevant scholarly sources. The findings indicate that students’ consumption behavior is influenced by cognitive biases such as present bias, loss aversion, and impulsive buying. The digital environment reinforces these tendencies through promotions, algorithms, and convenient payment systems. In conclusion, behavioral economics provides a more relevant framework for explaining students’ consumption dynamics in the digital era. Therefore, improving financial literacy is essential to encourage more rational consumption decisions. Abstrak Perkembangan era digital telah mengubah pola konsumsi mahasiswa yang semakin dipengaruhi oleh kemudahan akses teknologi dan paparan promosi. Permasalahan yang muncul adalah perilaku konsumsi yang tidak selalu rasional dan cenderung dipengaruhi faktor psikologis. Penelitian ini bertujuan menganalisis perilaku konsumsi mahasiswa dalam perspektif ekonomi perilaku pada era digital. Metode yang digunakan adalah kualitatif dengan pendekatan kajian pustaka melalui analisis literatur ilmiah yang relevan. Hasil penelitian menunjukkan bahwa perilaku konsumsi mahasiswa dipengaruhi oleh bias kognitif seperti present bias, loss aversion, dan pembelian impulsif. Lingkungan digital memperkuat kecenderungan tersebut melalui promosi, algoritma, dan kemudahan pembayaran. Artikel ini berkesimpulan, ekonomi perilaku lebih mampu menjelaskan dinamika konsumsi mahasiswa di era digital. Oleh karena itu, diperlukan peningkatan literasi keuangan agar keputusan konsumsi lebih rasional.]]>
<![CDATA[Analisis Pengambilan Keputusan Ekonomi dalam Perspektif Ekonomi Perilaku Kahneman ]]>
<![CDATA[Monariska, Monariska]]>;
<![CDATA[Rizal, Vadhul]]>;
<![CDATA[Kasril, Kasril]]>;
<![CDATA[Danil, Muhammad]]>;
<![CDATA[Rahayu, Evi]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 1 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This study aims to analyze economic decision-making from the perspective of Behavioral Economics by referring to the ideas of Daniel Kahneman. The research employs a qualitative approach through a literature study by examining relevant academic sources. The findings indicate that economic decisions are not entirely rational but are shaped by the interaction of cognitive systems, heuristics, and cognitive biases. The dominance of intuitive thinking leads individuals to rely on mental shortcuts, which in turn produce systematic deviations in decision-making. Furthermore, through the framework of prospect theory, individuals are found to evaluate gains and losses relative to a reference point, with a stronger tendency to avoid losses than to pursue gains. These findings suggest that rationality in economic behavior is bounded and context-dependent. Therefore, integrating psychological dimensions into economic analysis is essential for a more comprehensive understanding of actual economic behavior. Abstrak Penelitian ini bertujuan menganalisis pengambilan keputusan ekonomi dalam perspektif Ekonomi Perilaku dengan merujuk pada pemikiran Daniel Kahneman. Pendekatan yang digunakan adalah kualitatif melalui studi literatur dengan mengkaji berbagai sumber akademik yang relevan. Hasil kajian menunjukkan bahwa keputusan ekonomi tidak sepenuhnya rasional, melainkan dipengaruhi oleh interaksi antara sistem kognitif, heuristik, dan bias kognitif. Dominasi proses berpikir intuitif menyebabkan individu cenderung menggunakan jalan pintas dalam mengambil keputusan, yang pada akhirnya memunculkan pola penyimpangan yang sistematis. Selain itu, melalui kerangka prospect theory, ditemukan bahwa individu mengevaluasi keuntungan dan kerugian secara relatif terhadap titik acuan tertentu, dengan kecenderungan menghindari kerugian lebih kuat dibandingkan mengejar keuntungan. Temuan ini menegaskan bahwa rasionalitas dalam ekonomi bersifat terbatas dan kontekstual. Oleh karena itu, integrasi aspek psikologis dalam analisis ekonomi menjadi penting untuk memahami perilaku ekonomi secara lebih komprehensif.]]>
<![CDATA[Rekonstruksi Konsep Kesejahteraan dalam Perspektif Capability Approach: Kritik terhadap Rasionalitas Konsumsi dalam Ekonomi Perilaku ]]>
<![CDATA[Saputra, Rahmat]]>;
<![CDATA[Habiburrahman, Fata]]>;
<![CDATA[Nazli, Rahmat]]>;
<![CDATA[Dewi, Karisma]]>;
<![CDATA[Zulpri, Zulpri]]>
<![CDATA[ Economia: Journal of Economics and Management Vol 4 No 1 (2025): Economia: Journal of Economics and Management ]]>
Publisher : <![CDATA[Cyber Media Indonesia ]]>
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<![CDATA[This study aims to reconstruct the concept of welfare through the integration of the capability approach developed by Amartya Sen and insights from Behavioral Economics. The background of this research lies in the limitations of the utilitarian framework in conventional economics, which tends to measure welfare based on consumption and utility while neglecting the dimensions of freedom and human capabilities. This study employs a qualitative method using a library research design, with philosophical and conceptual approaches. The findings indicate that individual economic behavior is not fully rational but is influenced by cognitive biases, emotions, and social structures, implying that consumption does not necessarily reflect true welfare. On the other hand, the capability approach emphasizes that welfare should be understood in terms of individuals’ real opportunities to achieve valuable ways of living. The integration of these two perspectives provides a more comprehensive analytical framework that not only explains how individuals behave but also normatively evaluates the quality of life. This study concludes that welfare should be reoriented from a utility-based perspective toward a multidimensional capability-based approach, highlighting the importance of strengthening individual capacities in navigating the complexity of choices in the modern era. Abstrak Penelitian ini bertujuan untuk merekonstruksi konsep kesejahteraan melalui integrasi capability approach yang dikembangkan oleh Amartya Sen dengan perspektif Ekonomi Perilaku. Latar belakang penelitian ini didasarkan pada keterbatasan pendekatan utilitarian dalam ekonomi konvensional yang cenderung mengukur kesejahteraan melalui indikator konsumsi dan utilitas, tanpa mempertimbangkan dimensi kebebasan dan kemampuan individu. Penelitian ini menggunakan metode kualitatif dengan jenis penelitian kepustakaan (library research), serta pendekatan filosofis dan konseptual. Hasil penelitian menunjukkan bahwa perilaku ekonomi individu tidak sepenuhnya rasional, melainkan dipengaruhi oleh bias kognitif, emosi, dan struktur sosial, sehingga konsumsi tidak selalu mencerminkan kesejahteraan yang sesungguhnya. Di sisi lain, capability approach menegaskan bahwa kesejahteraan harus dipahami sebagai kemampuan nyata individu untuk menjalani kehidupan yang bernilai. Integrasi kedua pendekatan ini menghasilkan kerangka analisis yang lebih komprehensif, yang tidak hanya menjelaskan bagaimana individu bertindak, tetapi juga menilai kualitas hidup secara normatif. Penelitian ini menyimpulkan bahwa kesejahteraan perlu direorientasi dari pendekatan berbasis utilitas menuju pendekatan berbasis kapabilitas yang lebih multidimensional, serta menekankan pentingnya penguatan kapasitas individu dalam menghadapi kompleksitas pilihan di era modern.]]>
