Lectures economics of consumption
Introduction lecture
Content
- Economic approaches in the field of consumption, welfare and society
Qualitative research
- Verbal data
- Content analyses
- Interviews, focus groups
Surveys vs experiments
Suitability research question
Quantitative survey study
- 2 hypotheses
- 3 variables
Independent variable = The independent variable is the cause or the factor that is
manipulated or changed in an experiment or study. It influences the dependent variable.
Dependent variable = The dependent variable is the effect or the outcome that is
measured in response to changes in the independent variable.
Choose theoretical concepts
- Rather no demographic characteristics
- Necessary for operationalization
Selection/combination of concepts
- Scientific and/or societal relevance
- Solid argumentation
Behavioural economics and policy making
Many kinds of policies
Behavioural economics
- Economics using insights from psychology
Economic psychology
- Psychologists using insights from economics
, Bounded rationality
Bounded willpower
Bounded selfishness
Application to policy
- Problem: reaching suboptimal outcomes and acting against own objectives
- Aim: help people to reach better solutions and act in their own interest
Traditional classification policies
- Preek: providing information
- Wortel: providing incentives
- Stok: setting rules and regulations
Policiy is traditionally based on economics, but not on psychology or behavioural science
Behavioural economics makes it possible to develop a different kind of policy
Science vs policy (problems)
It depends
- Trade-off between accurate but vague answer that offers no clear recommendations
and inaccurate, yet precise answer resulting in a clear policy.
There is nothing more practical than a good theory
- Translating general theoretical principles into specific policies.
Simple stimuli and rich reality
- Selecting stimuli that reflect the situation that they will be applied to.
Convincing policy-makers
Grassroots approach
- Starting at a local level instead of a national level.
Influencing policy via economics
- Using established paths to inform policy makers
Influencing policy via law
- Using a different field as a bridge for existing gaps
Doing research on policy
- Pilot testing of policy experiments.
Policy instruments
- Teaching
- Learning
- Communication
Introduction lecture
Content
- Economic approaches in the field of consumption, welfare and society
Qualitative research
- Verbal data
- Content analyses
- Interviews, focus groups
Surveys vs experiments
Suitability research question
Quantitative survey study
- 2 hypotheses
- 3 variables
Independent variable = The independent variable is the cause or the factor that is
manipulated or changed in an experiment or study. It influences the dependent variable.
Dependent variable = The dependent variable is the effect or the outcome that is
measured in response to changes in the independent variable.
Choose theoretical concepts
- Rather no demographic characteristics
- Necessary for operationalization
Selection/combination of concepts
- Scientific and/or societal relevance
- Solid argumentation
Behavioural economics and policy making
Many kinds of policies
Behavioural economics
- Economics using insights from psychology
Economic psychology
- Psychologists using insights from economics
, Bounded rationality
Bounded willpower
Bounded selfishness
Application to policy
- Problem: reaching suboptimal outcomes and acting against own objectives
- Aim: help people to reach better solutions and act in their own interest
Traditional classification policies
- Preek: providing information
- Wortel: providing incentives
- Stok: setting rules and regulations
Policiy is traditionally based on economics, but not on psychology or behavioural science
Behavioural economics makes it possible to develop a different kind of policy
Science vs policy (problems)
It depends
- Trade-off between accurate but vague answer that offers no clear recommendations
and inaccurate, yet precise answer resulting in a clear policy.
There is nothing more practical than a good theory
- Translating general theoretical principles into specific policies.
Simple stimuli and rich reality
- Selecting stimuli that reflect the situation that they will be applied to.
Convincing policy-makers
Grassroots approach
- Starting at a local level instead of a national level.
Influencing policy via economics
- Using established paths to inform policy makers
Influencing policy via law
- Using a different field as a bridge for existing gaps
Doing research on policy
- Pilot testing of policy experiments.
Policy instruments
- Teaching
- Learning
- Communication