Department of Economics, University of Zürich, Zürich, Switzerland Department of Neuroscience and Pharmacology, Rudolf Magnus Institute of Neuroscience, University Medical Center Utrecht, Utrecht, the Netherlands Department of Comparative Psychology, Institute of Experimental Psychology, Heinrich-Heine University Düsseldorf, Düsseldorf, Germany Running title: Income, Cortisol, and Salivary Alp...

a Yale University, Department of Economics, 27 Hillhouse Avenue, New Haven CT 06511, United States b Innovations for Poverty Action c The University of Chicago, Department of Economics, 1126 East 59th Street, Chicago, IL 60637, United States d NBER e Princeton University, Department of Psychology and Woodrow Wilson School, Princeton, NJ 08540, United States f Massachusetts Institute of Technolo...

In this article, both economics and psychology were used to derive predictors of university students’ discipline choice. From economics the idea of utility maximization was used. Using psychological theory non-monetary profits of education were made explicit. Freshmen of nine different university disciplines (law, history, economics, psychology, political sciences, English linguistics, Spanish ...

Online publication in PDF format of academic and scientific texts the Social sciences & Humanities: Classics, Literature, Linguistics, Philology, Philosophy, Psychology, History, Law, Economics, Statistics

Behavioral economics uses evidence from psychology and other social sciences to create a precise and fruitful alternative to traditional economic theories, which are based on optimization. Behavioral economics may interest some biologists, as it shifts the basis for theories of economic choice away from logical calculation and maximization and toward biologically plausible mechanisms.

1 Experimental and Applied Psychology, Faculty of Behavioral and Movement Sciences, Vrije Universiteit Amsterdam, Amsterdam, Netherlands, 2 Peter Löscher Chair of Business Ethics, TUM School of Management, Technische Universität München, Munich, Germany, Decision Analysis, School of Business and Economics, RWTH Aachen University, Aachen, Germany, 4 School of Economics, Faculty of Social Science...

The rise of behavioral economics since the 1980s led to richer mutual influence between economic and psychological theory experimentation. However, as has become increasingly integrated into main stream in economics, psychology remained damagingly methodologically conservative, this convergence recently gone reverse. At same time, growing appreciation among economists limitations atomistic indi...