title: Behavioral economics.
abstract: 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.
authors.affiliation: HSS 228-77 Caltech, Pasadena CA 91125, USA. Electronic address: camerer@hss.caltech.edu.
authors.forename: Colin F
authors.initials: CF
authors.lastname: Camerer
mesh_terms: D002755:Choice Behavior; D003657:Decision Making; D060909:Economics, Behavioral; D006801:Humans