Economic theories of rational addiction aim to describe consumer behavior in the presence of habit-forming goods. We provide a biological foundation for this body of work by formally specifying conditions under which it is optimal to form a habit. We demonstrate the empirical validity of our...

This article is interested in how efficiently individuals can use available information, and if this will translate into efficient outcomes at the market level. Our use of available information in markets is further specified by evolutionary psychology and behavioral ecology, which extend core...

Based on theoretical aspects related to the role of education and environmental performance, continuing with market research and ending with conclusions, this paper aims to encourage stakeholders’ concerns in the environmental field. The most valuable part of the paper is the market research...

The aim of this paper is to assess the relevance of methodological transfers from behavioral ecology to experimental economics with respect to the elicitation of intertemporal preferences. More precisely our discussion will stem from the analysis of Stephens and Anderson's (2001) seminal...

Reconciling Psychology with Economics: Obesity, Behavioral Biology, and Rational Overeating Abstract: The modern phenomenon of obesity is an archetypal example of a behavior whose explanation simultaneously falls within the purview of psychology, economics, and the biological sciences. While...

Since the late 1980s slogans like ‘use it or lose it’ or ‘conservation through sustainable use’ emphasized the economic use of wildlife for conservation and rural development. In addition, a stronger involvement of local communities instead of displacement and curtailing of their access...