2013/01/01 by Steven R. Hursh, Peter G. Roma · 1 citation
Decision Sciences · Psychology · #Behavioral Health and Interventions #Behavioral and Psychological Studies #Decision-Making and Behavioral Economics
paper · doi:10.1002/jeab.7
crossref issued 2013/01/01 · crossref published 2013/01/01 · crossref published-print 2013/01/01 · openalex publication_date 2013/01/01 · crossref published-online 2013/01/23 · crossref created 2015/10/13 · crossref deposited 2025/05/31 · openalex created_date 2025/10/10 · crossref indexed 2026/07/29 · openalex updated_date 2026/07/30
The application of economics principles to the analysis of behavior has yielded novel insights on value and choice across contexts ranging from laboratory animal research to clinical populations to national trends of global impact. Recent innovations in demand curve methods provide a credible means of quantitatively comparing qualitatively different reinforcers as well as quantifying the choice relations between concurrently available reinforcers. The potential of the behavioral economic approach to inform public policy is illustrated with examples from basic research, pre-clinical behavioral pharmacology, and clinical drug abuse research as well as emerging applications to public transportation and social behavior. Behavioral Economics can serve as a broadly applicable conceptual, methodological, and analytical framework for the development and evaluation of empirical public policy.