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Behavioural economics, experimentalism and the marketization of development

Bibliographic Data

ID2159697
AuthorsChristian Berndt (0000-0001-5055-0180)
Year2015
Volume44
Issue4
Pages567-591
Publication date2015-10-02
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomy and Society (JOURNAL)
Journal identifiersISSN: 0308-5147 • E-ISSN: 1469-5766
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/03085147.2015.1043794
OpenAlexW2203610324
LanguageEN
Citations received73
References cited44

Using market-based pro-poor development policy in the global South as an example, this paper engages with the rise of behaviourism and experimentalism as a challenge to the neoclassical orthodoxy and the more recent transformation into an influential policy script. After charting the rise of behavioural economics and discussing the key conceptual building blocks of the emerging behavioural mainstream in economics, the paper turns to the marketization of anti-poverty policy in the global South. Based on an analysis of policy documents, project reports and academic interventions, it is argued that the behavioural approach to poverty shifts the focus from the market to the market subject and engages in often thinly veiled attempts at behavioural engineering. This is achieved with the combined work of behavioural economic knowledge and socio-technical market devices

Applied economics · China · Economic growth · Economics · Epistemology · Experimentalism · Mainstream · Mainstream economics · Marketization · Neoclassical economics · Orthodoxy · Political science · Positive economics · Poverty · Social science · Sociology · Subject (documents · Experimental Behavioral Economics Studies · Income, Poverty, and Inequality · Innovation and Socioeconomic Development · Law

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Unique citing works73
Citations per year6,64
Citation span2015 - 2026 (12)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 72
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