We study consumption behaviour in systems with heterogeneous interacting agents. Two different models are introduced, respectively with long and short range interactions among agents. At any time step an agent decides whether or not to consume a good, doing so if this provides positive utility....

Clinical depression has significant influence on an individual's behavior and decision making. This study examines how depression affects the economic decision making of individuals with clinical depression, looking specifically at time preference (subjective discount rate), attitude toward...