The behavioral turn in development economics: a tentative account through the lens of economic methodology

ABSTRACT This paper aims to provide an interpretation of why behavioral economics has come into the complex field of development economics that draws on insights from methodology of economics. We engage in an extensive survey of the literature that focuses on the actual practice of “behavioral devel...

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Bibliographic Details
Main Authors: ROBERTA MURAMATSU, FLAVIA AVILA
Format: Article
Language:English
Published: Editora 34
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572017000200363&lng=en&tlng=en
Description
Summary:ABSTRACT This paper aims to provide an interpretation of why behavioral economics has come into the complex field of development economics that draws on insights from methodology of economics. We engage in an extensive survey of the literature that focuses on the actual practice of “behavioral development economics and behavioral economics view of poverty” that emerged in the early years of the 21st century in order to identify and discuss some directions and implications that this movement might carry for economics science and art of Economics.
ISSN:1809-4538