Economics and Psychology: A Promising New Cross-Disciplinary Field

Edited by Bruno S. Frey and Alois Stutzer, this volume explores the growing connection between economics and psychology. The essays go beyond the usual focus of behavioral economics to examine topics such as happiness, motivation, fairness, social preferences and the role of emotions in decisions. Leading scholars show how insights from psychology are changing economic theory and policy, and suggest directions for future research in the field.

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Shane Parrish: “The essays in Economics and Psychology take a broad view of the interface between these two disciplines, going beyond the usual focus on “behavioral economics.” As documented in this volume, the influence of psychology on economics has been responsible for a view of human behavior that calls into question the…”