In the text-book model of dynamic Bertrand competition, competing firms meet the same demand function every period. This is not a satisfactory model of the demand side if consumers can make intertemporal substitution between periods. Each period then leaves some residual demand to future...

Economic analysis has said little about how an individual's cognitive skills (CS's) are related to the individual's preferences in different choice domains, such as risk-taking or saving, and how preferences in different domains are related to each other. Using a sample of 1,000 trainee truckers...

My own behavior baffles me. For I find myself not doing what I really want to do but doing what I really loathe.ʺ Saint Paul What behavior can be explained using the hypothesis that the agent faces temptation but is otherwise a standard rational agentʺ? In earlier work, GulPesendorfer [2001]...