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...

There exist numerous theories that attempt to explain the ubiquitous 99-cent price ending. Most of these theories either do not hold up to inspection or posit irrational consumers who serve as a money pump for firms. We offer an experimental test of Basu's (1997) rational expectations...