JEL#: A12, A13, B49, C70, C91, D63<BR> Keywords: difference aversion, fairness, inequality aversion, maximin criterion, non-ultimatum games, reciprocal fairness, social preferences<BR> Departures from pure self interest in economic experiments have recently inspired models of "social preferences". We...

JEL#: A12, B49, C70, D11, D60, D74, D91, E21<BR> Keywords: choice, naivete, partial naivete, present-biased preferences, procrastination, self control, sophistication, time inconsistency<BR> Recent models of procrastination due to self-control problems assume that a procrastinator considers just one...

JEL#: A12, A13, B49, C70, D63<BR> Keywords: Bargaining, Efficiency, Fairness, Inefficiency, Inequality, Ultimatum Game<BR> Experiments with the ultimatum game--where one party can make a take-it-or-leave-it offer to a second party on how to split a pie--illustrate that conventional game theory has been...

JEL#: B49<BR> Keywords: Bayesian Inference, the gambler' fallacy, law of large numbers, law of small numbers, over-inference<BR> Many people believe in the "Law of Small Numbers," exaggerating the degree to which a small sample resembles the population from which it is drawn. To model this, I assume...

This paper explores some of the ways that economists can incorporate insights from recent research combining psychology and economics to help understand risky behavior by adolescents.<BR> June 2000<BR> 1 <A HREF="econ/E00-285_fig.pdf">Figure .pdf</A><BR>