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thesis proposal in field of behavioral economics.Structure1    (Working) Title of the thesis 1.1    Problem Identification / Motivation for project The problem identification sketches the symptoms & issues of the problem to be researched. Describe the problem area concisely and show that a problem exists, that this problem is relevant, and that some aspects of the problem are underexplored in the literature.1.2    Research QuestionThe research question is the central question dealt with in the thesis. It should be formulated as a question, and should follow logically from the problem indication. 2    Proposed methodologyWhat is the main research methodology that you will use (theory model, empirical model, experiment, surveys, or literature review)? How is it expected to help you answer the research question? If you rely on empirical data:  please fill in 2.1. For theory models, section 2.2, and for a literature review section 2.3.2.1    Methodology : Empirical researchDescribe which data you will collect and motivate your decision. How will you get access to the data? Describe how you will analyze the data and motivate your choice. Be as specific as possible.  (Panel data, time series, OLS regressions, .., Amadeus, datastream)  2.2    Methodology: Theory modelsDiscuss which model characteristics are crucial to analyze your research question. Explain which economic actors you will consider (firms, consumers,  government,) and whether those actors act strategically.  Will you extend an existing model? And if so, in which way? Will you rely mainly on simulation models or derive analytical results? Which scenarios will you compare? Please motivate your choices. 2.3    Literature studyStart from your research question and identify four relevant papers published in the best academic journals. From a cursory reading of them, indicate how you expect them to shed light on your research question. 3    Relevant literatureMotivate the choice of the references of your thesis proposal. Which references describe the policy issues, which the research methodology you want to use? Check whether your papers are published in good peer-reviewed economic journals, are cited often, and are recent.3.1    Reference list (use APA system of referencing)Please provide a list of the literature that you used in the proposal. Make sure the list is in alphabetical order and do not use separate reference lists for different sources (books, articles). 

Answer

Research ProposalStudents nameInstitutionDateProblem identificationThe research will mainly dwell on the aspect of utility. Utility refers to the importance or usefulness of a product or service in the market. The research problem will dwell on the ways through which utility affects the behaviors of the consumers in the market. The process of marketing is often regulated by the aspect of meeting the tastes and preferences of the potential clients in the economy (Deaton & Muellbauer, 2013). It is for this purpose as to why it is vital to find proper linkage between utility and the behaviors of the consumers in the market.Research QuestionThe research study will mainly answer the research question: How do the assumptions of utility affect the consumption behaviors of the consumers in the...

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