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Theoretical and Applied Economics
No. 7 / 2013 (584)

Perspectives of economics – behavioural economics

Paula-Elena DIACON
“Alexandru Ioan Cuza” University of Iași
Gabriel-Andrei DONICI
“Alexandru Ioan Cuza” University of Iași
Liviu-George MAHA
“Alexandru Ioan Cuza” University of Iași

Abstract. The present turning point, accentuated by the crisis, has revitalized the interdisciplinary study of economics and determined the reconsideration of its fundamental bases as a social science. The economists have abandoned the traditional neoclassical sphere and have directed towards understanding the behaviour resorting to psychology and developing in this manner a new field - behavioural economics. This article examines whether this economic sub-discipline is a viable research direction and the extent to which it may increase the explanatory power of science by providing a realistic database for analysis, taking into account the complexity of the human factor.

Keywords: behavioural economics; epistemology; neoclassical economics; homo oeconomicus, rationalism.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016


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