Economics

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Economic methods are often used to guide cause prioritization and decision decision-making in effective altruism.

Further reading

Bernard, David Rhys (2020) An introduction to global priorities research for economists, Effective Altruism Forum, August 28.

Economics is the social science of how economic actors interact with things they value, especially goods and services in an economy. Economic behavior is often studied using rational choice theory, which assumes that actors in a social system make decisions so as to maximize atheir individual utility function;functions; the subfield of behavioral economics provides evidence as to when, and to what extent, economic actors conform to the assumptions of rational choice theory.

decision theory | economic growth | game theory | global health and development | welfare economics

Economics is the social science of how economic actors interact with things they value, especially goods and services in an economy. Economic behavior is often studied using rational choice theory, which assumes that actors in a social system make decisions to maximize a utility function; the subfield of behavioral economics provides evidence as to when, and to what extent, economic actors conform to the assumptions of rational choice theory. Economic methods are often used to guide cause prioritization and decision making in effective altruism.

Sources

Related entries

decision theory | economic growth | global health and development | welfare economics