Foundations of Behavioral and Experimental Economics :

@inproceedings{Kahneman2002FoundationsOB,
  title={Foundations of Behavioral and Experimental Economics :},
  author={Daniel Kahneman and Vernon Smith},
  year={2002}
}

• Daniel Kahneman, Vernon Smith
• Published 2002

Until recently, economics was widely regarded as a non-experimental science that had to rely on observation of real-world economies rather than controlled laboratory experiments. Many commentators also found restrictive the common assumption of a homo oeconomicus motivated by self-interest and capable of making rational decisions. But research in economics has taken off in new directions. A large and growing body of scientific work is now devoted to the empirical testing and modification of… CONTINUE READING

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