In standard models of rational learning from experience, prior uncertainties and disagreements recede smoothly as common evidence accumulates. However, this presumes that the underlying risks are relatively stable. Otherwise, rational learners need to sift random noise for signs that the trend...

This paper estimates a New Keynesian model with new and old behavioral elements. Agents in the model exhibit cognitive discounting, or myopia: they discount variables far into the future at higher rates than typically implied in the benchmark model. We investigate the model under different...

This new and original collection of papers focuses on the intersection of three strands of research: evolutionary economics, behavioral economics, and management studies. Combining theoretical and empirical contributions, the expert contributors demonstrate that the intersection of these fields...