and Bertrand oligopoly, principal-agent problems, and commons games, among others. …

fruitful way to capture some important aspects of human behavior that have often been omitted in economic theory. Based on a …

critically compares theory with aspects of learning in real-life and with evidence from laboratory experiments, and argues that … most customary approaches lack criteria for their applicability. Hence, there is a need for a theory that includes criteria … when to employ which theory or which element(s) of existing theories contingent on the situation or environment in question …