consumes over time. Addiction, however, is documentedas one of numerous anomalies that the standard theory fails to explain …. The modelsof habit-forming and compulsive consumptions have been suggested as the economicways to analyze addiction. The …, inconsequence, leads to addiction. In particular, I show that the model of habit-formationcan be easily modified to describe …

memory. The traditional Black-Scholes model is expanded to incorporate memory via an integral operator, resulting in a class … calls and puts are given by the Black-Scholes formula. The model has memory and can distinguish between historical …

This paper considers bounded-memory players in a coordination game, who imitate the most successful remembered actions …. With exogenous inertia, risk-dominant equilibria are selected independently of the length of memory. Without inertia …, Pareto-dominant equilibria arise when memory is long enough. …

(from the chapter) The REM model originally developed for recognition memory (R. M. Shiffrin and M. Steyvers, 1997) has … recently been extended to implicit memory phenomena observed during threshold identification of words. The authors discuss 2 …

the same club of states as used by McCunn and Huffman as well as different states within 10 clubs identified by the … statistical methodidentified only converging clubs. Variables affecting total factor productivity among states were identified …

randomly from six large Sydney clubs. The results support female gambling stereotypes of lower individual bets and lower …