distortions and hyperbolic discounting. But is it the same people who are prone to these behaviors? Based on an experiment with …

revealed preference experiment, and without making any parametric assumptions, we show that 1/3 of participants belong in the …

as cumulative prospect theory. Based on a laboratory experiment with real monetary incentives, we show that incidental …

There is abundant evidence that many individuals violate the rationality assumptions routinely made in economics …. However, powerful evidence also indicates that violations of individual rationality do not necessarily refute the aggregate … predictions of standard economic models that assume full rationality of all agents. Thus, a key question is how the interactions …

areas are presented: bounded rationality, non-selfish behaviour, and the economics of happiness. …