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Behavioral economics. Forbidden zones. New method and models

Alexander Harin ()

MPRA Paper from University Library of Munich, Germany

Abstract: A forbidden zone theorem, hypothesis, and applied mathematical method and model are introduced in the present article. The method and model are based on the forbidden zones and hypothesis. The model is uniformly and successfully applied for different domains. The ultimate goal of the research is to solve some generic problems of behavioral economics.

Keywords: Expectation; Variation; Boundary; Utility; Prospect theory; Behavioral economics (search for similar items in EconPapers)
JEL-codes: C02 C1 D8 D81 (search for similar items in EconPapers)
Date: 2021-03-09
New Economics Papers: this item is included in nep-cwa, nep-evo, nep-isf, nep-ore and nep-upt
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