Neoclassical economics is founded on a narrow notion of the rational human being, with self-interest and material well-being as the basis of judgment and decision making. This stands in stark contrast to long held views, in philosophy and psychology, that maintain that human reason is motivated...

Previous research has found a positive correlation between the perception of power and the perception of a number of social attributes (e.g., attractiveness, height, personality traits), but most of the studies were conducted in the US, and none has investigated the relationship between power...

This paper presents a rare study on ethnic identity and perception of psychological differences among different ethnic groups in China. The objective is to offer an empirical test on the long standing stereotypes of cultural differences between Han Chinese, the majority ethnic group in China,...

Behavioral economic research has tended to ignore the role of cultural differences in financial and economic decision-making. The authors suggest that a systematic bias affects existing behavioral economic theory financial and economic judgments, whether rational or irrational, are often assumed...