Editing Behavioral economics (section)

=== Responses ===

[[Matthew Rabin]]{{sfn|Rabin|1998|pp=11–46}} dismisses these criticisms, countering that consistent results typically are obtained in multiple situations and geographies and can produce good theoretical insight. Behavioral economists, however, responded to these criticisms by focusing on field studies rather than lab experiments. Some economists see a fundamental schism between [[experimental economics]] and behavioral economics, but prominent behavioral and experimental economists tend to share techniques and approaches in answering common questions. For example, behavioral economists are investigating [[neuroeconomics]], which is entirely experimental and has not been verified in the field.{{citation needed|date=May 2010}}

The epistemological, ontological, and methodological components of behavioral economics are increasingly debated, in particular by historians of economics and economic methodologists.<ref>{{Cite news|last1=Kersting|first1=Felix|last2=Obst|first2=Daniel|date=10 April 2016|title=Behavioral Economics|language=en|website=Exploring Economics|url=https://www.exploring-economics.org/en/orientation/behavioral-economics/}}</ref>

According to some researchers,<ref name="Sarapultsev, A. 2014">{{cite journal|last1=Sarapultsev|first1=A.|last2=Sarapultsev|first2=P.|year=2014|title=Novelty, Stress, and Biological Roots in Human Market Behavior|journal=Behavioral Sciences|volume=4|issue=1|pages=53–69|doi=10.3390/bs4010053|pmc=4219248|pmid=25379268|doi-access=free}}</ref> when studying the mechanisms that form the basis of decision-making, especially financial decision-making, it is necessary to recognize that most decisions are made under stress<ref>{{cite book|last=Zhukov|first=D.A.|title=Biologija Povedenija, Gumoral'nye Mehanizmy [Biology of Behavior. Humoral Mechanisms]|publisher=Rech|year=2007|location=St. Petersburg, Russia}}</ref> because, "Stress is the nonspecific body response to any demands presented to it."<ref name="Selye2013">{{cite book|last=Selye|first=Hans|url={{google books |plainurl=y |id=wrfYBAAAQBAJ}}|title=Stress in Health and Disease|publisher=Elsevier Science|year=2013|isbn=978-1-4831-9221-5}}</ref>