Essays on behavioral economics
This thesis consists of three independent essays on behavioral economic theory. The rst article (Chapter 2) builds a framework of rational decision-making with conformity. The approach in this chapter is axiomatic. I show that, based on a set of reasonable axioms, preferences can be represented by a...
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| Tipo de recurso: | tesis doctoral |
| Estado: | Versión publicada |
| Fecha de publicación: | 2020 |
| País: | España |
| Institución: | CBUC, CESCA |
| Repositorio: | TDR. Tesis Doctorales en Red |
| OAI Identifier: | oai:www.tdx.cat:10803/670190 |
| Acceso en línea: | http://hdl.handle.net/10803/670190 |
| Access Level: | acceso abierto |
| Palabra clave: | Behavioral economic theory Economia del comportament 33 |
| Sumario: | This thesis consists of three independent essays on behavioral economic theory. The rst article (Chapter 2) builds a framework of rational decision-making with conformity. The approach in this chapter is axiomatic. I show that, based on a set of reasonable axioms, preferences can be represented by a simple utility speci cations that is easy to use in applications. The essay nally proposes two distinct ways to measure individual conformity and discusses the advantages and drawbacks in each case. Chapter 3 applies the framework developed in Chapter 2 to analyze the e ects of social norm marketing as a policy instrument. I show that, by publishing the frequency with which each alternative is chosen in society, the government is able to alter the choices of individuals in its interest. Finally, Chapter 4 provides a model of dynamic discrete choice in which preferences are assumed to be history-dependent. The essay lays out the outlines the optimal behavior that a monopolist facing such type of consumers should follow in order to maximize pro ts. |
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