In recent years, there has been growing interest in capturing, manipulating, and analyzing the effects of decision-making processes that underlie economic choice. This editorial discusses these recent developments by contextualizing the six contributions to the special issue “Cognition and...

The concept of utility is often used in ambiguous ways in economics, from having substantive psychological connotations to being a formal placeholder representing a person's preferences. In the accounts of the early utilitarians, it was a multidimensional measure that has been condensed during...

Originally published in 1976, this work attempted to establish the legitimacy of understanding economic behaviour in psychological terms. This revised edition stresses the fact that economic abundance does not necessarily lead to satisfaction, and includes new material on contemporary applications