In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …

the uncertainty of subjects regarding others' rationality. We do so by comparing the price forecasts submitted by subjects … hypothesis that uncertainty about others' rationality plays a major role in causing substantial deviation of forecast prices from …

consistent in revealing that groups behave closer to the game-theoretical assumption of rationality and selfishness than …

The purpose of this paper is twofold. We first point out that violation of rationality axioms (SARP, GARP, WARP) do not … non-respect of demand theory axioms but by the changing of preferences over the period. A logistic regression confirms the …

This paper focuses on the link between the economic conceptions of rationality and learning. Traditionally, most … is not the process of learning, but the result of learning: ‘a fully rational agent'. Heterodox rationality conceptions … such as the Simonian model of bounded rationality seem more compatible with the idea of learning. Bounded rationality …