Using Behavioral Economics to help make markets work better

A team of researchers at the Department of Economics and Business is to develop a knowledge base for how to use insights from behavioral economics to make markets work better.

2013.07.29 | Birgitte Højklint Nielsen

The Danish Competition and Consumer Authority (KFST) has asked a team of researchers at the Department of Economics and Business to develop a knowledge base for how to use insights from Behavioral Economics in the agency’s activities to make markets work better. The documents prepared by Mette Trier Damgaard, Alexander Koch, Julia Nafziger and Dan Nguyen describe what behavioral economics is and what insights from the discipline can be used to explain consumer behavior. A series of cases outline what role Behavioral Economics may play for the work of a competition and consumer authority.

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