Behavioural Economics' milestones, Endowment Effect and Loss Aversion, have been recognized as 'well documented,' 'robust,' and 'important' even by the critics. But well documented, robust, and important what? Are these stylized facts, theoretical constructs, or psychological truths? Do they...

This book proposes an interdisciplinary approach to the study of human problem solving, choice, decision-making and change, to explain economic transactions, and the nature and evolution of organisations and institutions