"This book helps make sense of the emerging and established financial and social innovations that have disrupted and are disrupting our world. Written in an engaging style, this book offers a systematic study of social innovation in the financial services. It introduces the fundamental concepts...

An observed discrepancy in the behaviour of Economics students and non-Economics ones in game theoretical experiments indicates that the former are more selfish. The prevalent explanation for this is that they are 'born economists' and thus self-select themselves into the discipline. This belief...

We present an experiment for the study of learning in a complex task which requires both memorisation and the ability to process several pieces of information. The outcome of an action, for which immediate feedback is given, depends on the context (i.e. one of thirty-two sequences of three...

Following a stream of experimental results (e.g. Marwell and Ames 1981, Carter and Irons 1991, Frank et al. 1993, Yezer et al. 1996, Selten and Ockenfelds 1998, Frank and Schulze 2000, Frey and Meier 2002, Rubinstein 2006), it has become common to believe that economists are more selfish than...

The professional life of economists takes place within the boundaries of the institution of academic economics. Belonging to the institution enable economists in many ways. It provides a context wherein their contribution is meaningful. But it constrains, too, what economists are allowed to do...

The profession of academic economics has been widely criticized for being excessively dependent on technical models based on unrealistic assumptions about rationality and individual behaviour, and yet it remains a sparsely studied area. This volume presents a series of background readings on the...