An Economic and Psychological Analysis of Man's Decision-making Behaviour——A Review of Behavioral Economics Studies

Abstract

Behavioral economics provides a common language system and platform for the cooperation and dialogues between economists and psychologists.Psychologists have provided distinct understandings and insights about the human nature of Economic Man,the essence of reason and the consistency and inversion of behavioral preferences.Along with opposition and criticisms,it is inevitable that more integration and consensus are to be found between economy and psychology in the future.