4 ms·
There has been plenty of research that shows a distinction. Stuff like paying kids to read books leads to them reading less over time. https://rady.ucsd.edu/fa
by tonyedgecombe 5y ago
There has been plenty of research that shows a distinction. Stuff like paying kids to read books leads to them reading less over time.
https://rady.ucsd.edu/faculty/directory/gneezy/pub/docs/jep_published.pdf https://rady.ucsd.edu/faculty/directory/gneezy/pub/docs/jep_...
- marginalia_nu 5y agoBehavioral economics is debunked pseudoscience.
- ghaff 5y agoIncentives are more in the vein of psychology than behavioral economics but the two fields are clearly adjacent. And this "debunked pseudoscience" led to a Nobel prize a few years ago. And many of the observations that led to this--relating to people not always being economically "rational"--are very clearly true.
- marginalia_nu 5y agoI don't think anyone other than an economist would assume that people were economically rational. Is it really worth a prize to demonstrate a fundamental hypothesis underpinning your field of science is wrong?
- ghaff 5y agoIt was apparently worth a prize to explain more rigorously why behaviors often deviate from an underlying assumption of maximizing expected value. And, yes, some of the economics community was quite resistant to the idea that the answer was anything more than people are stupid. (That may be a bit of an exaggeration but there was quite a bit of resistance in economics to behavioral economics being a field of serious inquiry.)