Leading economics scholars consider the influence of psychology on economics, discussing topics including pro-social behavior, conditional trust, neuroeconomics, procedural utility, and happiness research.

Curiously, economists, whose discipline has much to do with human well-being, have shied away from factoring the study of happiness into their work. Happiness, they might say, is an ''unscientific'' concept. This is the first book to establish empirically the link between happiness and...

Frontmatter -- Contents -- Preface -- Acknowledgments -- 1. Write What You Know -- 2. Why Seemingly Trivial Random Events Matter -- 3. How Winner-Take-All Markets Magnify Luck's Role -- 4. Why the Biggest Winners Are Almost Always Lucky -- 5. Why False Beliefs about Luck and Talent Persist -- 6....