2015•Journal of Radio & TV UniversityRequires access

Behavioral Economics and Experimental Economics:a Review,Application and Development in China

LI Shuan

Abstract

Since 2002,when the Nobel Prize for economics to kahneman and Smith,behavioral economics and experimental economics theory and application has been a great development. By tracing the source of the theoretical basis of these two disciplines,the development of these two disciplines were literature review. By analysing the current situation of the two disciplines,summarized in several aspects from behavioral economics and experimental economics,application and development in China. Finally,summarized the links and differences between behavioral economics and experimental economics,as well as the subject application and development prospect in China.

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Key concepts: Behavioral economics, Experimental economics, China, Applied economics, Economics, Positive economics, Economic methodology, Heterodox economics