Economic theory has evolved without paying proper attention to behavioral approaches, especially to social, economic, and cognitive psychology. This has recently changed by including behavioral economics courses in many doctoral study programs. Although this new development is most welcome, the...

During the last three decades the ascent of behavioral economics clearly helped to bring down artificial disciplinary boundaries between psychology and economics. Noting that behavioral economics seems still under the spell of the rational choice tradition and, indirectly, of behaviorism we...

Jury members do not normally have the privilege of a complete, unbiased picture of the case. To make the best of patently incomplete evidence, they cannot but at least partially rely on their intuition. We provide evidence for this claim based on self-report data as well as more subtle measures...

Human decision making is a process guided by different and partly competing mo-tivations that can each dominate behavior and lead to different effects depending on strength and circumstances. Over-stylizing" neglects such competing concerns and context-dependence, although it facilitates the...

Institutions are governance tools. They are useful only if they impact on behaviour: of citizens, and of those administering the legal system. Models of behaviour are therefore crucial for institutional analysis and design. In light of this, this paper draws lessons for institutional analysis...