Welfare Economics. A key theme of Cognitive Economics is finite cognition (often misleadingly called “bounded rationality …

, while higher household incomes enable people to purchase more temporal variety. Spouses' temporal routines are highly …

. This study also presents empirical evidence from a laboratory experiment in which students at a selective college were …

result from judgments based on imprecise (and noisy) mental representations of the decision situation. In this model, risk … aversion results from a sort of perceptual bias—but one that represents an optimal decision rule, given the limitations of the … lotteries, based on other evidence regarding numerical cognition, and test its ability to explain the choice frequencies that we …

effects on cognition, productivity, decision-making, or well-being, and led to small decreases in labor supply. In contrast … increases in productivity, psychological well-being, and cognition, but a decrease in work time …

observable exogenous causes. We explore an alternative approach that generates predictions based on relationships across decision … experiment, we find that this method yields accurate estimates of price sensitivities for a collection of products under …

from psychology, but also from sociology and anthropology. Whereas the concept of the decision-maker is the rational actor … the moment of decision-making, in some recent work in behavioral economics the decision-maker could be called the … enculturated actor. This actor's preferences and cognition are subject to two deep social influences: (a) the social contexts to …