Monozygotic twins or unrelated stepchildren? On the relationship between economic psychology and behavioral economics

Detlef Fetchenhauer; Ofer H. Azar; Gerrit Antonides; Dave Dunning; Robert H. Frank; Stephen Lea; Folke Ölander

doi:https://doi.org/10.1016/j.joep.2011.09.006

Monozygotic twins or unrelated stepchildren? On the relationship between economic psychology and behavioral economics

Detlef Fetchenhauer, Ofer H. Azar, Gerrit Antonides, Dave Dunning, Robert H. Frank, Stephen Lea, Folke Ölander

Department of Business Administration

Ben-Gurion University of the Negev

Research output: Contribution to journal › Comment/debate

Abstract

Recent years have seen increased cooperation between psychologists and economists. This is mirrored in interdisciplinary journals (like the Journal of Economic Psychology or the Journal of Socio-Economics) as well as in interdisciplinary conferences. During one of these conferences, The IAREP/SABE conference in Cologne in 2010, a group of scholars in behavioral economics and economic psychology sought to evaluate this cooperation. This article summarizes the most important aspects of that discussion, touching on the following topics: (1) How has the cooperation between both disciplines evolved over recent decades? (2) Is cooperation hindered by different concepts and ethics of doing empirical research? (3) Do both disciplines want to change reality or do they just want to describe and explain the phenomena that they study? (4) How could the two disciplines enter into an even more fruitful cooperation?

Original language	American English
Pages (from-to)	695-699
Number of pages	5
Journal	Journal of Economic Psychology
Volume	33
Issue number	3
DOIs	https://doi.org/10.1016/j.joep.2011.09.006
State	Published - 1 Jun 2012

Keywords

Behavioral economics
Cheating
Economic psychology

All Science Journal Classification (ASJC) codes

Sociology and Political Science
Applied Psychology
Economics and Econometrics

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https://doi.org/10.1016/j.joep.2011.09.006

Cite this

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title = "Monozygotic twins or unrelated stepchildren? On the relationship between economic psychology and behavioral economics",

abstract = "Recent years have seen increased cooperation between psychologists and economists. This is mirrored in interdisciplinary journals (like the Journal of Economic Psychology or the Journal of Socio-Economics) as well as in interdisciplinary conferences. During one of these conferences, The IAREP/SABE conference in Cologne in 2010, a group of scholars in behavioral economics and economic psychology sought to evaluate this cooperation. This article summarizes the most important aspects of that discussion, touching on the following topics: (1) How has the cooperation between both disciplines evolved over recent decades? (2) Is cooperation hindered by different concepts and ethics of doing empirical research? (3) Do both disciplines want to change reality or do they just want to describe and explain the phenomena that they study? (4) How could the two disciplines enter into an even more fruitful cooperation?",

keywords = "Behavioral economics, Cheating, Economic psychology",

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AU - Fetchenhauer, Detlef

AU - Azar, Ofer H.

AU - Antonides, Gerrit

AU - Dunning, Dave

AU - Frank, Robert H.

AU - Lea, Stephen

AU - Ölander, Folke

PY - 2012/6/1

Y1 - 2012/6/1

N2 - Recent years have seen increased cooperation between psychologists and economists. This is mirrored in interdisciplinary journals (like the Journal of Economic Psychology or the Journal of Socio-Economics) as well as in interdisciplinary conferences. During one of these conferences, The IAREP/SABE conference in Cologne in 2010, a group of scholars in behavioral economics and economic psychology sought to evaluate this cooperation. This article summarizes the most important aspects of that discussion, touching on the following topics: (1) How has the cooperation between both disciplines evolved over recent decades? (2) Is cooperation hindered by different concepts and ethics of doing empirical research? (3) Do both disciplines want to change reality or do they just want to describe and explain the phenomena that they study? (4) How could the two disciplines enter into an even more fruitful cooperation?

AB - Recent years have seen increased cooperation between psychologists and economists. This is mirrored in interdisciplinary journals (like the Journal of Economic Psychology or the Journal of Socio-Economics) as well as in interdisciplinary conferences. During one of these conferences, The IAREP/SABE conference in Cologne in 2010, a group of scholars in behavioral economics and economic psychology sought to evaluate this cooperation. This article summarizes the most important aspects of that discussion, touching on the following topics: (1) How has the cooperation between both disciplines evolved over recent decades? (2) Is cooperation hindered by different concepts and ethics of doing empirical research? (3) Do both disciplines want to change reality or do they just want to describe and explain the phenomena that they study? (4) How could the two disciplines enter into an even more fruitful cooperation?

KW - Behavioral economics

KW - Cheating

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SN - 0167-4870

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Monozygotic twins or unrelated stepchildren? On the relationship between economic psychology and behavioral economics

Abstract

Keywords

All Science Journal Classification (ASJC) codes

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