Citation:
Ye’an ZHOU and Haiyan ZHANG. The Evolution of Behavioral Economics over Half a Century: The Historical Trajectory of Paradigm Shift[J]. Academic Monthly, 2023, 55(4): 91-99.
The Evolution of Behavioral Economics over Half a Century: The Historical Trajectory of Paradigm Shift
-
Abstract
The evolution from old behavioral economics to modern behavioral economics is essentially the formation of a new theoretical paradigm. Old behavioral economics attempts to interpret some economic phenomena from a psychological perspective, but lacks a complete and independent theoretical logic system. Modern behavioral economics seems to originate from old behavioral economics, but it is fundamentally different from it. Modern behavioral economics inherits the analysis and related thoughts from the psychological perspective of the old behavioral economics, but does not reject the neoclassical economics at the same time. Instead, on the basis of the theoretical paradigm of neoclassical economics, it introduces human sociality, and constructs a complete theoretical logic system based on the assumption of bounded rationality. Compared with neoclassical economics, this theoretical system has different assumptions of rationality and human nature, which means that there are essential differences in the theoretical core. In this sense, modern behavioral economics has built its own new paradigm, which is also compatible with neoclassical economics. This is also the key reason why modern behavioral economics can bring different degrees of change to the existing branches of economics.
-
-
References
-
Access
-
-
[1]
GE Yonghai
, PAN Juqiang
. Why Regional Literary History in China Becomes a Discipline——Academic Origins,Historical Evolution,and Theoretical Construction. Academic Monthly,
2026, 58(5): 159-173.
-
[2]
ZHANG Jun
, FANG Hongsheng
. Intergovernmental Fiscal Relations and Economic Growth. Academic Monthly,
2026, 58(8): 70-90.
-
[3]
SHEN Yifei
. Theoretical Genealogies of the Emotional Economy and the Chinese Context. Academic Monthly,
2026, 58(7): 129-142.
-
[4]
HE Jun
. Confucius's Paradigm Shaping of Chinese Philosophy. Academic Monthly,
2026, 58(8): 56-69.
-
[5]
YANG Dian
, DONG Shuhao
. The Social Construction of Economic Value——Evidence from Financial Markets, with a Discussion on Building a Valuation System with Chinese Characteristics. Academic Monthly,
2026, 58(1): 131-146.
-
[6]
,
. . Academic Monthly,
2026, 58(2): 210-216.
-
[7]
LIU Wei
. Several Important Theoretical Issues Needing Further Clarification for the Growth and Expansion of the Private Economy. Academic Monthly,
2026, 58(7): 41-53.
-
[8]
WEN Jun
. From Technical Tokens to Social Tokens: the Ontological Construction of Token Sociology. Academic Monthly,
2026, 58(8): 145-156.
-
[9]
ZHOU Mujun
. Between Theory and Empirical Facts: Habermas and the Sociological Debate on the Public Sphere. Academic Monthly,
2026, 58(8): 157-170.
-
[10]
WANG Gang
. Viewing the Cultural Intent of the “Xueheng School” from Hu Xiansu's Teachers and Friends's Group. Academic Monthly,
2026, 58(7): 206-216.
-
[11]
FENG Yurong
. “Illuminating Ancient Learning,Introducing New Knowledge”: Xin Yizong Bidu and the Shift in the Construction of Modern Traditional Chinese Medicine Knowledge. Academic Monthly,
2026, 58(6): 180-190.
-
[12]
NI Liangkang
. The Philosophy of History of “New Idealism” after Hegel: Neo-Hegelianism. Academic Monthly,
2026, 58(7): 12-22.
-
[13]
DING Huiping
. Invisible Governance and the Rebuilding of Local Social Order: A Historical Sociology Analysis of Qi Biaojia's Famine Relief Action in Late Ming Dynasty. Academic Monthly,
2026, 58(3): 143-154.
-
[14]
SHI Dan
, LI Peng
. The Least-Cost Path for Energy Use in the Process of Modernization——Scenario Analysis and Theoretical Examination. Academic Monthly,
2026, 58(1): 45-58.
-
[15]
LIU Fengjie
. “The Flower's Color Become Lucid Immediately”——The Aesthetic Implications and Modern Reverberations of Wang Yangming's “Mind-Thing Relationship”. Academic Monthly,
2026, 58(1): 180-193.
-
-
沪公网安备 31010102003103号
DownLoad: