Document Type
Article
Language
eng
Format of Original
20 p.
Publication Date
3-2013
Publisher
NecPlus
Source Publication
OEconomia
Source ISSN
2113-5207
Original Item ID
doi: 10.4074/S2113520713011055
Abstract
Economics imperialism is broadly explained as economics having an impact on other disciplines. But how should economics imperialism be understood when it is in some sense the product of other disciplines having an impact on economics? The paper examines psychology’s impact on economics in connection with the emergence of behavioral development economics, and then discusses the nature of behavioral development economics imperialism associated with development economists’ explanations of non-market dimensions of life in developing economies in behavioral economics terms. The paper argues that this new form of economics imperialism reflects economics’ selective appropriation from psychology of the Kahneman-Tversky heuristics and biases view of choice behavior and rejection of the Gigerenzer-ABC group fast and frugal heuristics view. This selective appropriation, however, causes behavioral development economics imperialism to also function as a social and cultural imperialism since its utility theory-based policy recommendations impose liberal society economic values on developing economy societies. Thus recent economics-plus-psychology imperialism might be said to function as social science imperialism under the leadership of economics.
Recommended Citation
Davis, John B., "Economics Imperialism under the Impact of Psychology: The Case of Behavioral Development Economics" (2013). Economics Faculty Research and Publications. 461.
https://epublications.marquette.edu/econ_fac/461
Comments
Published version. OEconomia, Vol. 2013, No. 1 (March 2013): 119-138. Publisher Link. © 2013 NecPlus. Used with permission.