It is becoming increasingly easier for researchers and practitioners to collect eye-tracking data during online preference measurement tasks. The authors develop a dynamic discrete choice model of ...

The BRIC (Bounded Rationality in Choice) conference brings together researchers in choice theory, experimental economics and behavioral economics who are interested in how bounds on rationality play ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Vikki Velasquez is a researcher and writer ...

To date we have taken apart the firm and examined where institutions offer no advantage over bargaining by individuals, or relying on the price mechanism. We have seen two early explanations for ...

Responses to the recession should not be based on unrealistic expectations of rational behaviour. We now know enough about real, flawed human psychology to take account of it in policy setting. The ...