Positive and negative feelings were central to the development of economics, especially in utility theory in classical … economics. While neoclassical utility theory ignored feelings, behavioral economics more recently reintroduced feelings in … utility theory. Beyond feelings, economic theorists use full-fledged specific emotions to explain behavior that otherwise …

This paper tests a central implication of the theory of equalizing differences, that workers sort into jobs with …

they are really the most challenging ones for conventional theory. New developments are emerging both at the theoretical …