behavioral development economics
2 episodes mention this concept
- MIT Open EconomyApr 5, 2023
Behavioral Development Economics: Addressing the Euler Equation Puzzle and Psychological Dimensions of Poverty
EconomicsBehavioral Development EconomicsModernization TheoryRational ActorsPoor but Efficient (Schultz) - MIT Open EconomyApr 5, 2023
The Psychology of Poverty: How Scarcity, Stress, and Mental Health Impact Economic Behavior
EconomicsBehavioral Development EconomicsHigh return investment opportunitiesPresent biasLoss aversion
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Related concepts
Concepts that appear alongside behavioral development economics across episodes.
- poverty traps
- marginal product of capital
- rational inattention
- cognitive bandwidth
- discount rate (delta)
- mental accounting
- suboptimal behaviors
- systematic deviations from standard models
- biased beliefs
- cash transfers
- poor but efficient (schultz)
- scarcity (psychological)
- psychological well-being
- quasi-hyperbolic discounting
- stress (psychological/biological)
- worker productivity
- high return investment opportunities
- non-standard decision making
- modernization theory
- debt overhang