Economía conductual y su impacto en el desarrollo económico de los países menos desarrollados: Estrategias basadas en nudges

Daniel Cid Moreno; Ana Moreno-Adalid; Isabel Rodríguez-Iglesias; Fernando Pinto Hernández

doi:10.31637/epsir-2024-1028

Authors

Daniel Cid Moreno Rey Juan Carlos University https://orcid.org/0000-0002-2406-6894
Ana Moreno-Adalid Rey Juan Carlos University https://orcid.org/0000-0002-8315-6830
Isabel Rodríguez-Iglesias Rey Juan Carlos University https://orcid.org/0000-0002-8054-1581
Fernando Pinto Hernández Rey Juan Carlos University https://orcid.org/0000-0003-1525-3206

DOI:

https://doi.org/10.31637/epsir-2024-1028

Keywords:

Behavioral Economics, Economic Development, Nudges, Poverty, Sustainable Development Goals (SDGs), Health, Education

Abstract

Introduction: This paper focuses on the application of behavioral economics to economic development in less developed countries, with the aim of proposing strategies that promote solutions in line with the Sustainable Development Goals (SDGs). Methodology: The methodology used integrates psychological and economic perspectives, applying an approach based on Behavioral Economics. Results: The main findings include the identification of patterns of economic behaviour that challenge traditional approaches, as well as the proposal of behavioral solutions through nudges to improve individual decision-making and the promotion of development that improves education and health in less developed countries. Discussions: It emphasises the harnessing and development of local talent and the design of strategies adapted to the realities of each context. It shows that research focused on less developed countries will open new behavioral perspectives to address global challenges more effectively.. Conclusions: The conclusions highlight that behavioral economics offers a holistic understanding of economic decisions, transcending the limits of traditional models.

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Author Biographies

Daniel Cid Moreno, Rey Juan Carlos University

D. student in Economics at the URJC. He currently works in the statistics department of the Bank of Spain. Graduate in Economics and Master in Economic Development and Public Policy at the UAM. Research areas: behavioral economics, economic development and public policy. He has worked as a professor and researcher at the URJC and as a specialist in marketing. He is also a member of several research groups. He has participated in international congresses and congress organizing committees. His publications include book chapters and articles in specialized journals in behavioral economics and economic development. In addition, he manages educational projects in an NGO operating in Spain and Ethiopia.

Ana Moreno-Adalid, Rey Juan Carlos University

D. in Economics and Business Administration. She began her professional career in private enterprise, in the financial department and later in an international auditing firm. She has actively collaborated in several research projects. She has been a guest lecturer in masters and specialization courses. She has published articles in specialized journals in the field of finance and behavioral economics. She has collaborated in the publication of books and has defended papers in international congresses. She has been director of the Master in Non-Profit Entities, the Master in International Accounting and Financial Management and Director of the Department of Financial Economics and Accounting I of the URJC. She is currently Vice-Dean of Postgraduate Studies, Own Studies and Library.

Isabel Rodríguez-Iglesias, Rey Juan Carlos University

PhD (cum laude) in Economics and Business Administration. Extraordinary Doctorate Award. Currently Vice-Dean of Students and University Extension at Universidad Rey Juan. Member of the high-performance research groups in Cognitive NeuroEconomics and Economic Analysis of Public Policy at the URJC. Coordinator of the Behavioral Economics module of the Master's Degree in Social and Corporate Welfare Management (URJC), of the Neuroeconomics module of the Master's Degree in Development of Neurocognitive Techniques in Business Organizations: Neuromanagement (URJC) and of the Macroeconomic Analysis Module of the Master's Degree in Modern Economic Analysis (URJC). He has published articles in specialized journals in the field of industrial organization and behavioral economics.

Fernando Pinto Hernández, Rey Juan Carlos University

Professor and researcher in the Department of Business Economics, Applied Economics II and Fundamentals of Economic Analysis at Universidad Rey Juan Carlos de Madrid. D. in Economics and Master in Economic Analysis of Law and Public Policy from the University of Salamanca. His main lines of research are labor and public economics. He has carried out, among others, research stays at the Oxford Department of International Development of the University of Oxford (Oxford, United Kingdom) and at the Department of Economics of the San Diego State University (San Diego, California, United States). He has also participated as a speaker in many national and international conferences and seminars in his field of study.

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