The Iranian economy entered a third consecutive year of recession following the triple-shock of sanctions, oil market collapse and Coronavirus (COVID-19). High inflation placed additional economic stress on lower income households following a sharp depreciation of the currency. As Coronavirus...

This paper evaluates the rationality of anger in the light of a standard notion of economic rationality. Whether anger is rational or otherwise cannot be answered in general, but will depend on the economic setting. As long as anger can be explained as a preference in a parsimonious and stable...