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22 mai 2019
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Behavioural economics Behavioral economicsCiter ce document
Ivan Mitrouchev, « Normative Economics Without the Concept of Preference », Œconomia, ID : 10.4000/oeconomia.4578
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Over the past two decades, a growing literature of behavioural welfare economics has become the mainstream view of how behavioural economics should reinterpret normative economics. While behavioural economics documents many cases where individuals deviate from well-ordered preferences—such as loss aversion, limited attention, overconfidence or framing effects—there is a consensus in behavioural welfare economics about taking the satisfaction of individuals’ preferences that are not distorted ...