I discuss some key issues raised by behavioral economics for better understanding the working of the labor market. Amongst the key points in this paper are: (i) a revised modeling of the labor supply curve, with a specific focus on the target income approach (ii) elaborating on the importance of...

Intro -- Smart Economic Decision-Making in a Complex World -- Copyright -- Dedication -- Endorsements -- Contents -- Acknowledgements -- Chapter 1 Introduction: Smart thinking in the real world of complexity -- What this book is all about -- Appendix: Background sources for, smart economic...

The extent to which market conditions effects workers' abilities to influence their conditions of work, including wages, has been much considered by many economists in the last three centuries. The conventional economic view has been that conditions of work are largely determined by the forces...

Several key trends across most advanced economic economies have increased both desired hours of work and the salience of working time on well-being. Models in the economics discipline offer both labor supply and labor demand reasons to explain why many people might be willing to work longer...