scholarly journals The Behavioralist Goes to School: Leveraging Behavioral Economics to Improve Educational Performance

2012 ◽  
Author(s):  
Steven Levitt ◽  
John List ◽  
Susanne Neckermann ◽  
Sally Sadoff
2016 ◽  
Vol 8 (4) ◽  
pp. 183-219 ◽  
Author(s):  
Steven D. Levitt ◽  
John A. List ◽  
Susanne Neckermann ◽  
Sally Sadoff

We explore the power of behavioral economics to influence the level of effort exerted by students in a low stakes testing environment. We find a substantial impact on test scores from incentives when the rewards are delivered immediately. There is suggestive evidence that rewards framed as losses outperform those framed as gains. Nonfinancial incentives can be considerably more cost-effective than financial incentives for younger students, but are less effective with older students. All motivating power of incentives vanishes when rewards are handed out with a delay. Our results suggest that the current set of incentives may lead to underinvestment. (JEL D03, H75, I21, I28)


Author(s):  
Lashawn Richburg-Hayes ◽  
Caitlin Anzelone ◽  
Nadine Dechausay ◽  
Saugato Datta ◽  
Alexandra Fiorillo ◽  
...  

2009 ◽  
Vol 10 (2) ◽  
pp. 277-294 ◽  
Author(s):  
Monica T. Francisco ◽  
Gregory J. Madden ◽  
John Borrero

2010 ◽  
pp. 82-98 ◽  
Author(s):  
Ya. Kuzminov ◽  
M. Yudkevich

The article surveys the main lines of research conducted by Oliver Williamson and Elinor Ostrom - 2009 Nobel Prize winners in economics. Williamsons and Ostroms contribution to understanding the nature of institutions and choice over institutional options are discussed. The role their work played in evolution of modern institutional economic theory is analyzed in detail, as well as interconnections between Williamsons and Ostroms ideas and the most recent research developments in organization theory, behavioral economics and development studies.


2011 ◽  
pp. 78-98
Author(s):  
M. Storchevoy

The paper draws on the most recent research in the field of behavioral economics, neuroscience, and other disciplines and shows how biological and social factors interact and co-determine real human behavior. The author considers in detail various affects and forms of non-rational behavior. He proposes a common framework for such analysis, where each of those forms of behavior becomes the result of conscious or evolutionary-driven choice.


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