The origin of prospect theory is the desire to test the intuitive statistician in the real world. The development of this theory by the cognitive psychologists Kahneman and Tversky can be traced to the former's work in cognitive psychophysics, in which deviations from average behavior are termed...

This paper provides an overview of the work of Gigerenzer, thereby focusing on his criticisms of the Heuristics and Biases theory of Kahneman and Tversky. It is proposed that Gigerenzer's work can be both thematically and chronologically organized as: historical research on statistics =...

The most important financial source for behavioral economics is the Russell Sage Foundation (RSF). The most prominent behavioral economists among the RSF’s twenty-six member Behavioral Economics Roundtable (BER) are Kahneman, Tversky, Thaler, Camerer, Loewenstein, Rabin, and Laibson. The...

Nobel laureates in economics make their most important and creative contributionsbetween the ages of 29 and 38. The average creative age of Nobel economists is slightly belowthat of laureates in physics, and considerably younger than that of laureates in chemistry andmedicine/physiology. The...

Alphabetic name ordering on multi-authored academic papers_new, which is the convention in theeconomics discipline and various other disciplines, is to the advantage of people whose lastname initials are placed early in the alphabet. As it turns out, Professor A, who has been afirst author more...

Alphabetic name ordering on multi-authored academic papers_new, which is the convention in theeconomics discipline and various other disciplines, is to the advantage of people whose lastname initials are placed early in the alphabet. As it turns out, Professor A, who has been afirst author more...

Using novel and large-scale data at the individual level, we find that an author publishes more articles when a coauthor joins an editorial board, both in the "coauthor's'" journal and in other journals. This effect is larger, the less experienced the author is, and disappears quickly once the...

Evolutionary arguments and incentive theory point to the importance of variety and rotation of editorial board members to stimulate innovative research. Using a unique dataset covering more than 100 economics journals over the period 1990-2011, we document trends in the incidence of multiple...

In this paper, we investigate one factor that can directly contribute to-as well as indirectly shed light on the other causes of-the gender gap in academic publishing: length of peer review. Using detailed administrative data from an economics field journal, we find that, conditional on...