Comments (2)

  • Roger Frantz

    To clarify a bit. The announcement about the next issue of JBEP, vol 2, # 1 should have read:

    “First articles about nudging, and heuristics.

    Second, two of the articles are Richard Thaler and Gary Becker. Thaler (1945-present) is part of the Kahneman and Tversky inspired “new” behavioral economics. Gary Becker (1930-2014) is more difficult to categorize. He accepts the assumption of rational behavior, rejects the importance of the heuristics ad biases approach, and instead takes an interdisciplinary & sociological approach consistent with that of Herbert Simon. The other six articles are about people more easily categorized as members of the “old” behavioral economics. They are Gabriel Tarde (1843-1904), James Duesenberry (1918-2009), George Shackle (1903-92), Harvey Leibenstein (19221994), Hyman Minsky (1919-96), and Tibor Scitovsky (1910-2002). These six are not the only members of the “old” group. In another Issue JBEP will present some of the others. Finally, these articles are not a way to minimize the importance of the “new” behavioral economics, but hopefully a way that our profession does not forget those who came before.

    Sincerely,
    Roger Frantz Editor, Routledge Advances in Behavioral Economics and Finance.
    Editor, Journal of behavioral Economics for Policy (sabeconomics.org/jbep)

  • Roger Frantz

    A bit of elaboration about the next issue of JBEP (vol 2, # 1, March 2018).

    Part 1 of this Issue will include 6 articles about the “old” behavioral economics group, a.k.a. the pre-Kahneman and Tversky “new” behavioral economics. These 6 are Gabriel Tarde (1843-1904), James Duesenberry (1918-2009), George Shackle (1903-92), Harvey Leibenstein (19221994), Hyman Minsky (1919-96), and Tibor Scitovsky (1910-2002). There are also two articles, one about Richard Thaler and the other about Gary Becker. The 6 articles about the “old” group is not a way to minimize the importance of the “new” behavioral economics, but hopefully a way that our profession does not forget those who came before. Part 2 of the Issue is about nudging and heuristics.

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