Ph.D. courses at their home schools, until recently. The rosters of guest speakers
and camper alumni are both impressive indeed. The camps have also sharpened
our own thinking, and created a social network of students from around the world.
The most recent program of RSF’s support for behavioral economics has been
the copublication, with
Princeton University Press, of a Behavioral Economics
Roundtable Series. This book is the second of many planned volumes in that se-
ries. The field is progressing so rapidly that an advanced
Advances
is not far away.
xxiii
P R E F A C E
A C K N O W L E D G M E N T S
The following
publishers kindly granted permission to reprint the material that
appears in the book.
Chapter 2: Daniel Kahneman, Jack L. Knetsch, and Richard H. Thaler. “Experi-
mental Tests of the Endowment Effect and the Coase Theorem.”
Journal of
Political Economy.
© 1990 by the University of Chicago Press.
Chapter 3: Richard H. Thaler. “Mental Accounting Matters.”
Journal of Behav-
ioral Decision Making
. © 1999 John Wiley and Sons Limited.
Chapter 4: Chris Starmer. “Developments in Nonexpected-Utility Theory: The
Hunt for a Descriptive Theory of Choice under Risk.”
Journal of Economic Lit-
erature
. © 2000 American Economic Association.
Chapter 5: Colin F. Camerer. Prospect Theory in the Wild. In
Choices, Values and
Frames
, edited by Daniel Kahneman and Amos Tversky. © 2000 Russell Sage
Foundation and Cambridge University Press.
Chapter 6: Shane Frederick, George Loewenstein, and Ted O’Donoghue. “Time
Discounting: A Critical Review.”
Journal of Economic Literature
. © 2002
American Economic Association.
Chapter 7: Ted O’Donoghue and Matthew Rabin. “Doing it Now or Later.”
The
American Economic Review
. © 1999 American Economic Association.
Chapter 8: Daniel Kahneman, Jack L. Knetsch, and Richard H. Thaler. “Fairness
as a Constraint on Profit Seeking: Entitlements in the Market.”
American Eco-
nomic Review
. © 1986 American Economic Association.
Chapter 9: Ernst Fehr and Klaus M. Schmidt. “A Theory of Fairness, Competition,
and Cooperation.”
The Quarterly Journal of Economics
. © 1999 by the President
and Fellows of Harvard College and the Massachusetts Institute of Technology.
Chapter 10: Matthew Rabin. “Incorporating Fairness into Game theory and Eco-
nomics,”
American Economic Review
. © 1993 American Economic Association.
Chapter 11: Linda Babcock and George Loewenstein. “Explaining
Bargaining
Impasse: The Role of Self-Serving Biases.”
Journal of Economic Perspectives
.
© 1997 American Economic Association.
Chapter 12: Vincent P. Crawford. “Theory and Experiment in the Analysis of
Strategic Interaction.” In
Advances in Economics and Econometrics: Theory
and Applications, Seventh World Congress
, Vol 1, edited by D. Kreps and
K. Wallis. © 1997 Cambridge University Press.
Chapter 14: Hersh M. Shefrin and Richard H. Thaler. “Mental Accounting, Sav-
ing, and Self-Control.” In
Choice Over Time
, edited by George Loewenstein
and Jon Elster. © 1992 Russell Sage Foundation.
Chapter 15: David Laibson. “Golden Eggs and Hyperbolic Discounting.”
Quar-
terly Journal of Economics
. © 1997 by the President and Fellows of Harvard
College and the Massachusetts Institute of Technology.
Chapter 16: George A. Akerlof and Janet L. Yellen. “The Fair Wage-Effort Hy-
pothesis and Unemployment.”
The Quarterly Journal .of Economics
. © 1990
by the President and Fellows of Harvard College and the Massachusetts Insti-
tute of Technology.
Chapter 17: Eldar Shafir, Peter Diamond, and Amos Tversky. “Money Illusion.”
Quarterly Journal of Economics
. © 1997 by the President and Fellows of Har-
vard College and the Massachusetts Institute of Technology.
Chapter 18: Ernst Fehr and Simon Gächter. “Fairness and Retaliation: The Eco-
nomics of Reciprocity.”
Journal of Economic Perspectives
. © 2001 American
Economic Association.
Chapter 19: Colin Camerer, Linda Babcock, George Loewenstein, and Richard H.
Thaler. “Labor Supply of New York City Cab Drivers: One Day at a Time.”
Quarterly Journal of Economics
. © 1997 by the President and Fellows of Har-
vard College and the Massachusetts Institute of Technology.
Chapter 20: Robert H. Frank and Robert M. Hutchens. “Wages, Seniority, and the
Demand for Rising Consumption Profiles.”
Journal of Economic Behavior and
Organization
. © 1993 Elsevier Science.
Chapter 22: Shlomo Benartzi and Richard H. Thaler. “Myopic Loss-Aversion and
the Equity Premium Puzzle.”
Quarterly Journal of Economics
. © 1995 by the
President and Fellows of Harvard College and the Massachusetts Institute of
Technology.
Chapter 23: Terrance Odean. “Do Investors Trade Too Much?”
American Eco-
nomic Review
. © 1999 American Economic Association.
Chapter 24: David Genesove and Christopher Mayer. “Loss-Aversion and Seller
Behavior: Evidence from the Housing Market.
Quarterly Journal of Econom-
ics
. © 2001 by the President and Fellows of Harvard College and the Massa-
chusetts Institute of Technology.
Chapter 25: Itzhak Gilboa and David Schmeidler. “Case-Based Decision Theory.”
Quarterly Journal of Economics
. © 1995 by the President and Fellows of Har-
vard College and the Massachusetts Institute of Technology.
Chapter 26: George Loewenstein. “Out of Control: Visceral Influences on Deci-
sion Making.” In
Organizational Behavior and Human Decision Processes
,
Volume 65. © 1996 Elsevier Science (USA).
Do'stlaringiz bilan baham: 
