ECOS3997 Resources
Dr. Guy Mayraz School of Economics
University of COS3997 Resources
Behavioural economics
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Behavioural interventions
1 Behavioural economics
2 Behavioural interventions
ECOS3997 Resources
Behavioural economics
Behavioural economics
Behavioural interventions
ECOS3997 Resources
Survey articles
• M. Rabin. “Psychology and economics”. In: Journal of Economic Literature (1998), pp. 11–46. An excellent general survey article by the leading behavioural economics theorist
• S. DellaVigna. “Psychology and Economics: Evidence from the Field”. In: Journal of Economic Literature 47.2 (2009), pp. 315–372. An excellent survey of field evidence of behavioural biases.
Both great, but Stefano’s paper is particularly relevant. Make an effort to read it
Behavioural economics
Behavioural interventions
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Text books
Best of the bunch
• E. Angner. A course in behavioural economics 2e. : , 2016
• E. Cartwright. Behavioral economics. Routledge, 2011
• D. R. Just. Introduction to Behavioral Economics. Wiley,
• N. Wilkinson and M. Klaes. An introduction to behavioral economics. 2nd. , 2012
Not a priority
Behavioural economics
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Popular books
• D. Ariely. Predictably irrational. : , 2008. Accssible with some good insights.
• R. B. Cialdini. Influence. HarperCollins, 2009. A classic in psychology with many important ideas
• D. Kahneman. Thinking, fast and slow. : Farrar, Straus and Giroux, 2011. A fantastic book by a giant of behavioural economics (and a winner of the ). Particularly good for its discussion of the two systems view decision making.
Not a priority, but these are all good easy reads
Behavioural economics
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Papers / books
• ’s Anomalies papers: highly readable papers highlighting field and lab evidence that does not fit into standard economic theory. Mostly collected in R. Thaler. The winner’s curse: Paradoxes and anomalies of economic life. Simon and Schuster, 2012.
• R. H. Thaler. Misbehaving: The Making of Behavioral Economics. WW Norton & Company, 2015. An excellent historical overview of the development of behavioural economics from the point of view of one of the main actors.
Not a priority, but these are all good easy reads
Behavioural economics
Behavioural interventions
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Behavioural economics
Behavioural interventions
Behavioural interventions
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Behavioural economics
• R. Thaler and C. Sunstein. Nudge: Improving decisions about health, wealth, and happiness. Yale University Press, 2008. The classical book on behavioural interventions. Advocates ‘Libertarian Paternalism’.
I will use examples in the lectures. Make an effort to read it
Behavioural interventions
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Behavioural economics
Behavioural Insights team
The Behavioural Insights Team’s website has a wealth of practical material (mostly, but not entirely UK focused)
Under ’Our Work’, you will find a Blog, various Publications, Webinars, and COVID-19 specific info.
Review of behavioural insights
Start with the old Mindspace report on using behavioural insights to influence behaviour and/or the more recent EAST framework (Easy, Attractive, Social, and Timely)
Make an effort to read at least one of the two. Browsing the other resources is also highly recommended
Behavioural interventions
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Behavioural economics
Behavioural Insights team
Examples of intervention projects
• Provision of social norm feedback to high prescribers of antibiotics in general practice: a pragmatic national randomised controlled trial
• Stating Appointment Costs in SMS Reminders Reduces Missed Hospital Appointments: Findings from Two Randomised Controlled Trials
• I’ve booked you a place. Good luck: a field experiment applying behavioural science to improve attendance at high-impact recruitment events
Behavioural interventions
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Behavioural economics
Behavioural Insights team
Examples of intervention projects
• The Behavioralist As Tax Collector: Using Natural Field Experiments to Enhance Tax Compliance
• Collection of Delinquent Fines: An Adaptive Randomized Trial to Assess the Effectiveness of Alternative Text Messages
• Behavioural insight and the labour market: evidence from a pilot study and a large stepped-wedge controlled trial
Behavioural interventions
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Behavioural economics
Behavioural Insights team
Scaling randomised controlled trials
• RCTs to Scale: Comprehensive Evidence from Two Nudge Units
• How We Nudged Employees to Embrace Flexible Work
Behavioural interventions
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Behavioural economics
COVID related articles
This paper is by leading behavioural economists (recent Nobel price winners, and , as well as other coauthors)
• Messages on COVID-19 Prevention in India Increased Symptoms Reporting and Adherence to Preventive Behaviors Among 25 Million Recipients with Similar Effects on Non-recipient Members of Their Communities
Behavioural interventions
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Behavioural economics
The Behavioural Economics Team of the Australian Government is the federal government’s behavioural insights team.
Their website has complete projects, pre-analysis plans, podcasts, and a blog.
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Complete projects
These are at right level of formality for the final report (similar to BIT reports), but tend to be longer than BIT reports (and longer than what you need for your final report).
Pre-analysis plans
BETA has a number of pre-analysis plans on their website. Random example: ASIC add-on insurance information sheet survey experiment.
These would be useful for the evaluation plan component of the final report.
Behavioural interventions
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Behavioural economics
NSW Behavioural Insights
NSW Behavioural Insights is the NSW government’s behavioural insights team.
There is less material than on the BIT and BETA websites, but nevertheless worth checking out.
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Behavioural economics
Other countries
There is a big World Bank report on behavioural insights in 10 countries:
• Australia • Canada • Denmark • France
• Netherlands • Peru
• Singapore
Behavioural interventions
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Behavioural economics
Obtaining articles
In most cases, links lead to an open access PDF
In some cases, you would have to create a login, or click an institutional login link. If you still cannot access a paper, search for it through the U. Sydney library online search, or via Google Scholar (after adding U. Sydney as a library access link in Google Scholar Settings).
Behavioural interventions
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Behavioural economics
What you should read
What you should read
• Get a sense of what’s there
• Obviously only read a fraction
• Know when to stop reading and focus on your own ideas and on writing; read more if and when you need something for your project
Keep in mind
• There is no exam
• General knowledge and understanding are useful only in so far as they help you write a better final report and a better media piece.
• You are assessed on the final report and media piece
Behavioural interventions
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