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Publications (23)
Working Paper
pdf
– A New Approach to Development Policy
Successful development programs rely on people to behave and choose in certain ways, and behavioral economics helps us understand why people behave and choose as they do. Approaching problems in development using behavioral economics thus leads to better diagnosis and to better-designed solutions...
Blog
23 April 2014 Jukka Pirttilä In conventional economic theory, agents are assumed to be able to make rational choices, unaffected by emotions and not constrained by decision-making errors. This theory works well in some situations, but in the last two decades, it has become increasingly clear that...
Working Paper
pdf
– A Research Review and Agenda
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have important welfare consequences: variable consumption, low...
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– A Research Review and Agenda
Part of Journal Special Issue
Poverty, Development, and Behavioral Economics
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
Part of Journal Special Issue
Poverty, Development, and Behavioral Economics
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– A New Approach to Development Policy
Part of Journal Special Issue
Poverty, Development, and Behavioral Economics
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
– Contrasting Rational Choice and Behavioral Perspectives
Part of Journal Special Issue
Poverty, Development, and Behavioral Economics
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
Part of Journal Special Issue
Poverty, Development, and Behavioral Economics
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
Part of Journal Special Issue
Poverty, Development, and Behavioral Economics
This Special Issue brings together papers from UNU-WIDER Conference on Poverty and Behavioural Economics that were accepted after the peer review process of the journal. The eight papers in this Special Issue all share the objective of exploring the consequences for the analysis of poverty and...
Book Chapter
From the book:
Food Price Policy in an Era of Market Instability
Book Chapter
From the book:
Food Price Policy in an Era of Market Instability
Working Paper
pdf
In this paper we argue that the recent evidence on individuals’ decision making is of high relevance for the measurement of poverty when switching from a static and certain to a dynamic and uncertain framework. The numerous proposed measures of multi-period poverty and vulnerability have until now...
Working Paper
pdf
– the Case of Bangladesh
Global food price hikes during 2007 and 2008 resulted in a sharp rise in staple food prices in Bangladesh. The poor and marginalized households were particularly vulnerable to such an adverse situation as their real purchasing power eroded. Several studies indicated that the adverse effects of the...
Working Paper
pdf
This paper examines the measurement of social welfare, poverty and inequality taking into account features that have been found to be important welfare determinants in behavioural economics. Most notably, we incorporate reference-dependence, loss aversion and diminishing sensitivity—aspects...
Working Paper
pdf
– the Case of Zambia
The global food price crisis of 2007/08 raised fears about the impacts of higher and more volatile food prices for the poor in Zambia. Like in the past, the implementation of the strategies to deal with the rising food prices, especially for the staple crop maize were delayed due to ineffective...
Displaying 16 of 23 results