Background Note
Behavioural experiments as an impactful tool in sustainable development
Introduction Only recently has the importance and potential of behavioural sciences been recognized as a critical tool to achieve the Sustainable Development Goals (SDGs). This long-awaited recognition comes from the highest levels of the United...
Working Paper
Consolidating behavioural economics and rational choice theory
Using illustrations from research on inequality, this paper offers evidence on the strengths of ‘behavioural synthesis’, i.e. the reconciliation between neoclassical and behavioural economics.We compare how theoretical models of absolute and relative...
Working Paper
Social networks, role models, peer effects, and aspirations
We review the literature on pathways through which social networks may influence social mobility in developing countries. We find that social networks support members in tangible ways—via access to opportunities for migration, credit, trading...
Journal Article
Theoretical models of inequality
Using illustrations from research on inequality, this essay makes a case for ‘behavioural synthesis’, that is the reconciliation between neo-classical and behavioural economics. Focusing on selected theories of absolute and relative inequality, we...