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From Homo Economicus to Homo Sapiens


Baumol, William. 1967. Business Behavior, Value and Growth. New York: Harcourt Brace.

Camerer, Colin. forthcoming. “Prospect Theory in the Wild.” In Choices, Values, Frames. Kahneman, Daniel and Amos Tversky, eds. New York: Cambridge University Press.

De Long, J. Bradford, Andrei Shleifer, Lawrence Summers, and Robert Waldmann. 1990. “Noise Trader Risk in Financial Markets.” Journal of Political Economy. 98, pp. 703–38.

Elster, Jon. 1998. “Emotions and Economic Theory.” Journal of Economic Literature. March, XXXVI, pp. 47–74.

Farnsworth, Ward. 1999. “Do Parties to Nuisance Cases Bargain After Judgement? A Glimpse of the Cathedral.” University of Chicago Law Review, 66, pp. 373–436.

Kahneman, Daniel and Amos Tversky. 1979. “Prospect Theory: An Analysis of Decision under Risk.” Econometrica. 47:2, pp. 263–91.

Loewenstein, George. 1992. “The Fall and Rise of Psychological Explanations in the Economics of Intertemporal Choice,” in Choice Over Time. Loewenstein, George and Jon Elster, ed. New York: Russell Sage Foundation. pp. 3–34.

Loewenstein, George. 1996. “Out of Control: Visceral Influences on Behavior.” Organizational Behavior and Human Decision Processes. March, 65:3, pp. 805–24.

Mullainathon, Sendhil. 1999. “A Memory Based Model of Bounded Rationality,” working paper, MIT Economics Department.

Nagel, Rosemarie. 1995. “Unraveling in Guessing Games: An Experimental Study.” American Economic Review. 85:5, pp. 1313–1326.

Rabin, Matthew. 1993. “Incorporating Fairness into Game Theory and Economics.” American Economic Review. December, 83, pp. 1281– 1302.

Thaler, Richard H. 1997. “Giving Markets a Human Dimension.” Financial Times. 6, June 16, 1997.

Thaler, Richard H. 1999. “Mental Accounting Matters.” Journal of Behavioral Decision-making. 12, pp. 183–206.

Prof. Richard H. Thaler

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