Within the theory of society in Why Work , modern economic development is linked directly to the effort of citizens in their daily work. The general theory of psychology in The Origin of Consciousness describes the causality of individual mood and conduct and shows how there is no causality in...

Previous experimental investigations have shown that expectations are not perfectly rational due to bias. Traditional adaptive models, however, in many cases do not perfectly describe the formation of expectations either. This paper makes two contributions to the experimental literature on the...