Abstract
This essay introduces the papers of this special issue by framing them within a discussion of the past and present state of relations between social psychologists and economists working on models of human decision making. We review the different approaches scholars have taken in the two fields, as well as some experimental work conducted in each, and argue that we have much to learn from each other. While psychologists and economists have typically attended to different issues in their research, the papers in this collection ably illustrate the potential for collaborations drawing on the strengths of each field.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 1-10 |
| Number of pages | 10 |
| Journal | Journal of Economic Behavior and Organization |
| Volume | 39 |
| Issue number | 1 |
| State | Published - May 1999 |
Funding
☆ This special issue is based on a series of papers that were presented at a conference on Psychology and Economics at the University of British Columbia in June, 1997. The conference and the papers that resulted were generously funded by the Social Sciences and Humanities Research Council of Canada and the Dispute Resolution Research Center of the Kellogg Graduate School of Management, Northwestern University. We gratefully acknowledge comments from Richard Day and helpful discussions with Richard Brooks, Andy Miller, Ted O’Donoghue, and Michael Waldman that contributed to the writing of this introductory essay. We also wish to thank Liliana Rodriguez for excellent research assistance.
Keywords
- Experiments in decision making
- Judgement bias
- Psychology and economics
ASJC Scopus subject areas
- Economics and Econometrics
- Organizational Behavior and Human Resource Management