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Normative analysis in economics usually aims at satisfying individuals' preferences, valuing economic freedom and viewing markets favourably. Behavioural research, however, shows that individuals' preferences are often unstable. Robert Sugden proposes a reformulation of normative economics compatible with psychology of choice.

Economics --- Psychological aspects. --- Behavioral economics --- Behavioural economics

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Economics --- Psychological aspects. --- Behavioral economics --- Behavioural economics

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Behavioural public policy has thus far been dominated by approaches that are based on the premise that it is entirely legitimate for policymakers to design policies that nudge or influence people to avoid desires that may not be in their own self- interest. This book argues, instead, for a liberal political economy that radically departs from these paternalistic frameworks. Oliver argues for a framework whereby those who impose no substantive harms on others ought to be free of manipulative or coercive interference. On this view, BPP does not seek to "correct" an individual's conception of the desired life. This book is the third in a trilogy of books by Adam Oliver on the origins and conceptual foundations of BPP.

Economics --- Psychological aspects. --- Behavioral economics --- Behavioural economics

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This book systematically studies and discusses pertinent issues related to household finance in China. This book not only elucidates the concept and connotation of household finance, but also extensively examines the significance and necessity of enhancing household finance and upholding household financial well-being. Drawing upon theories from economics, psychology, sociology, and behavioral finance, it conducts a quantitative analysis of family finance and its influencing factors by constructing models such as Probit model, Tobit model, and APC model to empirically test the underlying mediation mechanism. In addition, from the perspective of inclusive finance development and safeguarding the rights and interests of financial consumers, this book expounds on its profound impact on household finance. This book is a valuable reference for researchers in related fields, and it also provides some insights into residents’ and families’ awareness of financial health. Furthermore, it aids in formulating and improving consumption policies, adjusting economic structures, and preventing household financial risks. This research provides valuable guidance for enhancing family welfare and increasing property income for Chinese residents.

Economics --- Behavioral Finance. --- Behavioral Economics. --- Psychological aspects.

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In Europe, the last decade has been shaped by euro crisis, migration crisis and corona crisis. Studies have analyzed how citizens react to crises in their voting behavior. This political economy analysis examines the research gap to what extent repeated crisis exposure within a short period of time can deepen existing Euroskepticism. It is defined as an index consisting of the individual identification as European, the view on the EU and on own country’s benefits of EU membership. Survey results of the Eurobarometer of all 28 EU member states, including the United Kingdom, in combination with macroeconomic data are analyzed using modern econometric methods. Bootstrapping and entropy balancing ensure conservative estimates. We find that a single crisis exposure increases existing Euroskepticism, but that the temporal distance between the crises matters. The impact of a crisis on the current situation marginalizes with its temporal distance. Furthermore, a hysteresis-like effect occurs: After the crisis ends, the Euroskepticism level does not go back to its pre-crisis level. Especially today, when (Western) democracy is under attack from many sides, this work extends the understanding of the influence of crises on political behavior aiming to derive recommendations how to act in the future. About the author Lukas Möller is a research assistant at the Chair of Political Economy at the university of Münster. His research focuses on Public Choice Theory and European Integration.

Crises --- Religious aspects. --- Economics --- Behavioral Economics. --- Psychological aspects. --- Behavioral economics --- Behavioural economics