boundaries between psychology and economics. Noting that behavioral economics seems still under the spell of the rational choice … disciplinary specialization. -- Bounded rationality ; game theory ; satisficing ; interdisciplinary research ; experimental … economics ; economic psychology …

view. Though models of substantive rationality cannot serve as guidance for decision-making under uncertainty, we can …

choice making. We illustrate why this role is not being fulfilled well by standard models of full rationality and that … theories of bounded rationality are needed not only for better predictions, but also for developing better advice. Our main … point is that one cannot succeed here without studying how theories of bounded rationality causally influence the behavior …