Behavioral economics uses evidence from psychology and other social sciences to create a precise and fruitful alternative to traditional economic theories, which are based on optimization. Behavioral economics may interest some biologists, as it shifts the basis for theories of economic choice away from logical calculation and maximization and toward biologically plausible mechanisms.

We test competing hypotheses from political–economic and neo-liberal theories about the effects of economic growth and urbanization on a neglected, but important, indicator of environmental health: aquatic biodiversity. We analyze crossnational data on the number of threatened fish species within national territorial waters using negative binomial regression. We find that, counter to the expect...

This article strengthens and extends economic theories of presidential approval, assesses accountability in Peru’s “delegative democracy,” and explores the political feasibility of economic policies. The analysis finds that prospective evaluations shape presidential approval in Peru, demonstrating the utility of economic theories in the developing world. Peruvians hold politicians accountable n...

privatization is a process in which the ownership of governmental economic enterprises is transferred to private sector. according to other countries’ experiences and discussed economic theories over the past decades, privatization has improved the performance of companies and economic enterprises. in this study, financial ratios of companies were used as their performance indicators. this pape...

concept of “economic man” is one of the principal assumptions of economic approach to law. based on this assumption, economic approach, a modern and leading school of thought in legal philosophy, seeks to explain and predict individual behavior in legal framework and make recommendations and prescriptions so as to improve the effects of laws and regulations on legal actors. in this paper, in ad...