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economy). Third, a link with psychology was established (behavioural economics) …This chapter reviews the evolution of the theory of monetary policy design since the 1980s, highlighting the emerging … role of central banker psychology. Three subsequent stages are evident. First, the central bank was considered as an …
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The fact that human economic behaviour has a significant irrational element - one that is simultaneously hard-to-explain and highly predictable - has fascinated economists for decades from Fechner, 1860 to Shiller, 2005 and beyond. In this dissertation, I investigate the field from various...
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We examine how interruptions and personal and contextual factors affect the manifestation of psychological momentum (PM). Using men's singles tennis point-by-point data from the two Grand Slam tournaments, Wimbledon and Roland Garros, between 2009 and 2014 (N=29,934), we employ realized break...
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boundaries between psychology and economics. Noting that behavioral economics seems still under the spell of the rational choice … economics ; economic psychology …During the last three decades the ascent of behavioral economics clearly helped to bring down artificial disciplinary …
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There is certainly a lot of choice going around in the market for contract law. This is a good thing, since choice is key to self-determination and may help improve our laws. Yet there may be such a thing as choice overload, and the introduction of the Common European Sales law is a timely...
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This paper presents a discussion, and elaborates the significance of, the psychological model of evolutionary economic behaviour contained within the formalism developed by Markey-Towler (2016) for the foundations of economic analysis. A self-contained discussion of the relevant portions of this...
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