Frontmatter -- CONTENTS -- LIST OF CONTRIBUTORS -- PREFACE -- ACKNOWLEDGMENTS -- PART I: Introduction -- CHAPTER ONE. Behavioral Economics: Past, Present, Future / Camerer, Colin F. / Loewenstein, George -- PART II: Basic Topics -- REFERENCE-DEPENDENCE AND LOSS-AVERSION -- CHAPTER TWO....

We introduce an experimental approach to study the effect of institutions on economic growth. In each period, agents produce and trade output in a market, and allocate it to consumption and investment. Productivity is higher if total capital stock is above a threshold. The threshold externality...