Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics

Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics

Indexed In: PsycINFO®
Release Date: May, 2021|Copyright: © 2021 |Pages: 257
DOI: 10.4018/978-1-7998-6424-0
ISBN13: 9781799864240|ISBN10: 1799864243|EISBN13: 9781799864264
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Description & Coverage
Description:

Psychological and ecological research has eroded the foundation of mainstream economics, and a new approach is needed rather than an adaptation of existing theory. The most promising new approach is doughnut economics (DE), version 2.0 of the discipline of economics for the 21st century that presents economics as an embedded discipline between the social foundation and the ecosystem with a focus on the disciplinary boundaries. The study of neuroeconomics, such as doughnut economics, still holds a gap between “laboratory” findings on homo neuroeconomics and the issues in contemporary behavioral economics. To understand a positivist application of doughnut economics within the new economic frameworks of the 21st century, further research must be discussed.

Applied Doughnut Economics and Neuroeconomic Psychology for Business and Politics follows the economic history from the Stone Age to that of the modern creative man and then provides a specific focus on doughnut economics and 21st century neuroeconomics. This new type of behavioral economics will be linked to neuroeconomic psychology and behavioral science with a focus in areas such as cognitive training, economic ecology, the new welfare economy, and globalized markets. This book is ideal for health economists, economists, leaders in politics and business, psychologists, economic theorists, practitioners, researchers, academicians, and students interested in doughnut economics and the psychology behind it.

Coverage:

The many academic areas covered in this publication include, but are not limited to:

  • Behavioral Economics
  • Circular Economy
  • Cognitive Training
  • Doughnut Economics
  • Economic Ecology
  • Economics
  • Entrepreneurship
  • Environmental Science
  • Neuroeconomic Psychology
  • Politics
  • Welfare Economy
Reviews & Statements

I found the content of the book both stimulating and thought-provoking; it fosters better understanding of the direction in which our world may be heading, and it shows the pivotal role played by economics in this context. The book is worth reading, not only for students of economics, but also for all those with keen interests in the current global challenges. Readers may agree or disagree. Whatever their response, the reader will become more aware of pivotal issues that the world currently is wrestling with regarding the future of our planet. Modern society tends to imply a busy and stressful lifestyle where basic needs are met today with consumerism, and there is limited emphasis on and time for self-realization, reflection and meditation. A fascinating aspect of this book is that it envisions links between economic order and new options for the development of man’s consciousness, creativity and existential freedom.

– Prof. Are Holen, Professor Emeritus (MD) and Founder of ACEM Meditation

Free market capitalism has enriched the world with modern technology. However, today the negative third-party effects have become dominant and probably remain so for the rest of the Century. The challenge is to correct capitalist market failures by maintaining its entrepreneurial ingenuity. This requires a quantum leap in the democratic culture transferring a term from quantum physics (Bohr 1927) to democratic economic policy.

– Prof. Torben Larsen, DEALs Online Collaborative Platform, Denmark
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Editor/Author Biographies

Torben Larsen has a MSc Econ from University of Aarhus and an international Degree in Strategic Management from University of Maryland-Tietgenskolen Dk. He has broad experience in regional planning of healthcare with Academic Awards from 1) Association of Hospital Managers in Norway, Lundbeck Fonden Dk and MIE96. He is a former Chief Research Consultant at University of Southern Denmark which included leadership of an EU-sponsored research project in Integrated Homecare. He has been involved with various courses and conferences and has written research papers in Health Economics, Neuroeconomics, Meditation and Biofeedback. He is giving guest lectures in cybernetic economics.

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