THE SABE NEWSLETTER
THE SOCIETY FOR THE
ADVANCEMENT OF BEHAVIORAL ECONOMICS
Statement
of Purpose
SABE is an association of scholars who
are committed to rigorous economic analysis and are interested in learning how
other disciplines – for example, psychology, sociology, anthropology, history,
political science, and biology - further our understanding of economic
behavior. An important function of SABE is to serve as a forum for research
which may not find either comprehension or acceptance in conventional economics
societies. SABE also aims at facilitating communication between economists and
scholars trained in related disciplines.
Vol. 11,
No. 2
Fall 2003
Editor: Simon James
School of Business and
Economics,
Contributions for the next
issue are very welcome – email: S.R.James@ex.ac.uk
SABE/IAREP 2004 Conference 2
John Tomer 4
A Few Thoughts from the Outgoing
President 4
An Opinion on the Dues Issue: Don’t Raise
the Dues 5
Elections for the SABE Board 6
Charlotte Phelps 6
ICAPE Conference 2003 7
The Journal of Socio-Economics 7
Journal of Economic Behavior and
Organization 8
SABE 2003 - Conference Papers and
Presentations 9
- Conference
Participants
11
IAREP
2005 Conference in Prague 14
Books
of Interest 15
Please visit SABE at
our WEB site: http://www.usask.ca/economics/SABE/
Note that the address
is case sensitive.
We are very grateful to Pam Holmes who
has done a superb job with the mailing list and welcome her successor Nancy
Rekart. Gary Lynne kindly continues to organise the operation from the
University of Nebraska and we would like to ask everyone to make sure they keep
us up to date with their current email addresses. If you have a change of email
or regular mail address please e-mail Nancy at
nrekart@unl.edu or send her a note – to Nancy Rekart, Office Supervisor,
102 Filley Hall, University of Nebraska-Lincoln, NE 68583-0922, USA.
Society
for the Advancement of Behavioral Economics (SABE) /
International
Association for Research in Economic Psychology (IAREP)
2004
Joint Meeting
Dates: July 15 – July 18, 2004
Location: Drexel University, 32nd and
Market Street, Philadelphia, PA 19104, USA
Theme: “Cross-Fertilization
Between Economics and Psychology”
The 2002 Nobel Prize in economics awarded to Daniel Kahneman and Vernon Smith and the 2001 John Bates Clark Medal for 2001 awarded to Matthew Rabin have stimulated the development of economic psychology, behavioral economics, experimental economics and game theory. The European and North American associations most concerned with these developments will convene in Philadelphia in 2004 to explore the continuing stream of research which draws on both economic and psychological perspectives.
Tentative Schedule:
Hotel Arrangements:
Conference
participants are expected to make their own arrangements and pay for hotels at
the following hotels. Please identify yourself as members of SABE or IAREP for
a discount rate:
1. Sheraton University, 36th
and Chestnut Street, Philadelphia, PA, 19104 (located near the conference
site). Toll free reservation number: 877-459-1146 (or regular number:
215-387-8000). Fax: 215-387-7920. Basic room rate: $99.00 per night plus taxes.
Check-in time: after 3pm. Check-out time: before noon.
2. Holiday Inn Express Midtown, 1305
Walnut Street, Philadelphia, PA, 19107 (located in the downtown area, 13 blocks
from the conference site). Reservation number: 215-735-9300, Fax: 215-732-2593.
Email: midtown@himidtwon.com. Basic
room rate: $92.00 per night plus taxes. Check-in time: after 3pm. Check-out
time: 1pm. Taxis and subway can provide transportation to and from the
conference site.
3. Student housing at Drexel
University will be available for those who are interested and do not mind
sharing amenities with others.
Highlights of the Conference:
Ph.D. Student Paper Contest: Ph.D. students are
encouraged to participate in the contest for the best student paper. There will
be a cash prize. The Selection Committee consists of SABE’s Charlotte Phelps
and Mark Pingle, and IAREP’s Gerrit Antonides and Erik Hoelzl.
Submission Invitation: Individual papers and
proposals for sessions (which should include 3 or 4 papers per session) are invited.
Papers and sessions may be related to any area of behavioral economics or
economic psychology.
Submission Items and Deadlines: Abstracts of proposed papers
will be evaluated for inclusion on the conference program. Abstracts of papers
proposed for the conference may be submitted between Dec. 1, 2003, and March 1,
2004. To propose a session, please send an outline of the session, including
the titles and abstract of papers, the chair for the session, and the organizer
of the session. Authors and session organizers will be notified of acceptance
by May 1. Abstracts and proposals for sessions should be submitted via email as
a PDF or MS WORD file.
Proceedings: To be sure of inclusion in the
proceedings, please submit drafts of papers in PDF format by May 15.
Where to Submit: Submit abstracts and papers, and any questions, to lesterby@drexel.edu - the email address for Professor Bijou Yang Lester; Department of Economics and International Business, Drexel University, Philadelphia, PA, USA, 19104; Phone: 215-895-6973; Fax: 215-895-6975.
Despite John’s natural modesty, his invaluable contribution to the
development of SABE in particular and Behavioral Economics in general should be
recorded. As a result of his tireless efforts and enthusiasm we have enjoyed a
series of conferences that have brought together so many like-minded
individuals from around the world to the benefit of all. Not only is the contribution of behavioral
economics being widely recognised but also there can be little doubt that it is
having a beneficial effect on the study of economics more generally.
Simon
James
A Few Thoughts from
the Outgoing President
Thanks
very much for the Appreciation Award (on the occasion of my becoming the former
President of SABE) which was presented to me at the Lake Tahoe SABE Conference
in July 2003. Simon James asked me to
share some of my thoughts and reflections on SABE. What follows is a little more future oriented
than what he had in mind. SABE, thus
far, has operated on a shoe string, financially and managerially. SABE’s operations have been run by a small
core group of people who are academics with a strong conviction that SABE has
an important purpose to serve. This
group has performed the work of SABE without compensation in their “spare”
time. For quite a while SABE existed
without Bylaws and without regular established procedures for elections,
etc. Now SABE is maturing, growing in
size, becoming more established, and starting to become more complex to
manage. At some point, if this growth
continues, we might have to consider whether our structures and procedures are
adequate and whether operations based on a handful of people’s donation of their
spare time are sufficient. Are there
alternative ways to manage the affairs of SABE?
How can we assure the vitality of SABE matches the growing importance
and vitality of behavioral economics? We
have an opportunity to be the group that facilitates behavioral economics’
advance to the forefront of economics.
We will need to figure out how to seize this opportunity. Certainly, part of what SABE needs to do is
to make sure we connect with and recruit younger economists who have
aspirations to be behavioral economists.
John
Tomer
An Opinion on the Dues
Issue: Don’t Raise the Dues
At
SABE’s business meeting during the Lake Tahoe Conference in July 2003, “the
motion to raise the SABE dues to $30 per year passed, with the understanding
that the level of SABE dues will again be considered at the 2004 business
meeting.” The dues increase was
considered to be on a “1-year trial basis”.
The context of the decision to raise the dues for next year, which I
didn’t vote for, was the joint SABE/IAREP Conference and the need to
accommodate to IAREP with regard to the Philadelphia conference fees.
SABE’s dues have been maintained at
$10 for quite a few years. SABE has
minimal annual operating expenses; it has no salary expense, and small
operating expenses like mailing is usually absorbed by officers or their
academic institutions. The big annual
expense is our annual conference, but these are intended to be and by and large
have been self-supporting. The
conference expenses, including speaker honoraria, have been paid for by
conference fees. Of course, there is a
risk that conference fees will be insufficient to cover unexpected conference
expenses. That is why it is important to
have a cash balance on hand to serve as a cushion. The cushion is also needed to pay upfront
conference expenses incurred prior to the receipt of conference fees. Once in a
while I believe the cushion has been used to pay for special one-time expenses
such as speakers. SABE’s dues have been
sufficient to cover expenses plus provide for a slow and steady increase in the
cushion. This is true despite the fact
that many members, notably the ones not attending the annual conference, do not
pay their dues every year. At present
SABE is not directly affiliated with a journal.
Thus it has no journal expense and minimal newsletter expense.
Given the above, there does not seem
to be a good reason to raise the dues.
Further, raising the dues would discourage prospective members from
joining SABE, thereby holding down SABE’s growth. Presumably, SABE members being rational, even
if boundedly rational, compare the tangible benefits to SABE membership with
the cost. Although SABE membership may
be priceless for some of us, practically speaking it does not provide $30 worth
of value. Thus, it seems that the only
justification for raising SABE dues would be if it were necessary to pay for
some new, not yet incurred, but contemplated project expenses. If that is the case, those who contemplate
such projects should spell out what these projects are and why we need to do
these things. Such discussion should
take place not only at the Board level but among the wider membership. Ultimately, the Board would need to approve
these projects. Unless there are some
concrete good reasons for operating in a different fashion than previously, a
dues increase does not seem justified.
At least I am not convinced to raise dues, and I hope others will
require very convincing arguments before raising our dues.
John
Tomer
Elections
for the SABE Executive Board
Congratulations to colleagues who in 2003
were elected as follows:
President: Morris Altman
SABE Board:
2-year terms:
Morris Altman
Shoshana
Grossbard-Shechtman
Simon James
Louis Levy-Garboua
Peter Lunt
Charlotte Phelps
Douglas Rebne
Kevin Sontheimer
4-year terms:
Gerrit Antonides
Roger Frantz
Flora Gill
Ewa Gucwa-Lesny
Gary Lynne
Mark Pingle
John Tomer
Bijou Yang-Lester
Charlotte Phelps
Charlotte Phelps was awarded a Fulbright
Senior Specialist Grant to interact with researchers in the group that does
research in Evolutionary Economics at the Max
Planck Institute for Research in Economic Systems, Jena, Germany. She was in residence for six weeks in
September and October, 2003. Prior to her visit to Jena, she presented a
paper on Cooperation in Hierarchies at the Budapest meetings of the International Society for New
Institutional Economics.
ICAPE Conference
June 5-7, 2003 in Kansas City
The
first International Confederation of Associations for Pluralistic Economics
(ICAPE) Conference was held during June 5-7, 2003 at the University of
Missouri, Kansas City. The conference
was entitled “The Future of Heterodox Economics,” and the lead organizer was
Rob Garnett of Texas Christian University.
ICAPE is a consortium of 40 heterodox economic organizations working to
further pluralism in the analytical perspectives, methods, policy discourse,
and education of professional economists.
Two SABE members, Morris Altman and John Tomer, attended and represented
SABE. The conference was important in
that it brought together people representing a broad range of heterodox
economics. The conference promised to
“promote a new spirit of pluralism in economics, involving critical
conversation and tolerant communication among different approaches within and
across the barriers between the disciplines.”
It was a promising beginning but it remains to be seen whether austrian
economists, marxian economists, behavioral economists, etc. can find enough
common ground in pluralism and heterodoxy to be a unified force for the
improvement of economics. The conference
proceedings provided grounds for both hope and doubt.
John
Tomer
Journal of Socio-Economics
The mission of the Journal of
Socio-Economics is to promote interdisciplinary dialogue about economic
processes, institutions and policies. The core disciplines of interest to the
journal are those belonging to the social sciences. But other sciences and the
humanities are relevant and welcome. Biology, history and philosophy are of
particular interest. The journal is interested in pure theory empirical
studies, policy analyses and literature reviews. The JSE is a widely distributed, peer
reviewed journal with a long historical association with SABE. For further
information see:
http://www.elsevier.com/homepage/sae/econworld/econbase/soceco/frame.htm
Journal of Economic Behavior and Organization
(JEBO)
I
would like to invite you to consider submitting your research to the Journal of Economic Behavior and
Organization (JEBO). Its aims and
focus are very much in synch with the interests of many SABE members. I note that its founding editor, Richard Day,
presented the plenary lecture at the closing banquet at the most recent SABE
conference at Lake Tahoe. Information
regarding the journal can be obtained at our website at http://www.elsevier.com/homepage/sae/econbase/jebo/. Papers can be submitted by email to jebo@jmu.edu or by snail mail to
Journal
of Economic Behavior and Organization
MSC
5505
1598
South Main Street
James
Madison University
Harrisonburg,
VA 22807.
Let me conclude this message by repeating
the official statement of purpose of our journal.
The Journal of Economic Behavior and Organization is devoted to
theoretical and empirical research concerning economic decision, organization
and behavior and to economic change in all its aspects. Its specific purposes are to foster an improved
understanding of how human cognitive, computational and informational
characteristics influence the working of economic organizations and market
economies and how an economy’s structural features lead to various types of
micro and macro behavior, to changing patterns of development and to
institutional evolution. Research with
these purposes that explore the interrelations of economics with other
disciplines such as biology, psychology, law, anthropology, sociology and
mathematics is particularly welcome. The
journal is eclectic as to research method; systematic observation and careful
description, simulation modeling and mathematical analysis are all within its
purview. Empirical work, including
controlled laboratory experimentation, that probes close to the core of the
issues in theoretical dispute is encouraged.
J.
Barkley Rosser, Jr.
Professor
of Economics and Kirby L. Kramer, Jr. Professor of Business Administration
James
Madison University
Editor, Journal of Economic Behavior and Organization
The 2003 SABE Conference
Many thanks go to Mark Pingle and his
colleagues for all the hard work they cheerfully undertook in arranging the
outstanding conference at Lake Tahoe. Their efficient organization together
with the excellent presentations and spectacular location made this a very
memorable conference.
Papers and Presentations:
Paul Albanese: The Personality Continuum and Consumer Behavior
Sam Allgood: The Marginal Costs and Benefits of Redistributing Income and
Willingness to pay
for
Status.
Morris Altman: Freedom to Choose and Choice and Production X-inefficiencies: The Role
of
Information, Power and Gender in Preference
Formation and Economic Wellbeing.
Lisa R. Anderson and Jennifer Mellor: Inequality, Group Cohesion and Public Good
Provision:
An Experimental Analysis.
Dan Ariely: Keeping Doors Open: The Effect of Unavailability on Incentives to Keep
Options
Viable.
Jason Barr: Organization, Learning and Cooperation.
Nathan Berg: Race-Switching in Texas: New Statistical Tests of Constructionist
Theory.
Kjell Arne Brekke: Advertising as Manipulation of Social Learning.
Paul Brown: Income Inequality as a Predictor of Stroke; Exploring the Behavioral
Mechanisms.
Jeremy T. Burman: The Culture of Capitalism as a Window to the Nature of Economic Man.
C. Monica Capra: The Effects of Common Advice on One-Shot Traveler’s Dilemma Games:
Explaining Behavior Through an Introspective
Model with Errors.
Thomas Chamberlain: Instant Utility Approach to the Social Sciences.
Yan Chen: Sealed-Bid Auctions with Ambiguity: Theory and Experiment.
Elizabeth Chorvat: You Can’t Take it With You: Behavioral Finance and Corporate
Expatriations.
Terrence Chorvat: Perception and Income: The Behavioral Economics of the Realization
Doctrine.
Gerald Cory: Behavioral Economics and Evolutionary Neuroscience: The New Findings.
Rachel Croson: Theories of Commitments, Altruism and Reciprocity: Evidence from Linear
Public Goods Games.
Richard Day: Adaptive Economizing: Implications for Economic Theory and Policy.
David Dickinson: The Chilling Effect of Optimism: The Case of Final-Offer Arbitration.
Dorla Evans: Bidding and Overconfidence in Experimental Financial Markets.
Alexander J. Field: Group Selection and Economic Theory.
Sean Masaki Flynn: Limited Arbitrage, Segmentation, and Investor Heterogeneity: Why the
Law
of One Price So Often Fails.
Robert Frank: Departures from Rational Choice: With and Without Regret.
Przemek Gadomski: Socio-Economic Consequences of Theories of Justice. Transitional
Perspective.
Herbert Gintis: How and Why Economic Man Deviates from Self-Interested Behavior.
Fredrik Hansen: Economic Methodology for Behavioral Economists.
Michael Hayes: The Significance of Informatics in Strategic Work at the IRS.
Peter Huang: Effective Regulation of Affective Investing: Regulating Emotional
Investing in
Bipolar Securities Markets.
Klaus Jaffe: Altruistic Punishment or Decentralised Social Investment?
Simon James: Taxpayer Beliefs and Views: A New Survey.
Philip Jones: Policy Preference and Political Participation: A Transactions Cost
Analysis.
Catherine Kalinowski and Gary Lynne: Recycling as a Reflection of Balanced
Self-Interest: The
Metaeconomics Approach.
Jeong-Yoo Kim: The Architecture of Information-Processing Organizations.
Gaëlle Le Guirriec: Allocation of Time within Households: Determinants of Domestic
Production
Arrangements within French Households.
Louis Lévy-Garboua: Social Cognition and the Construction of Social Preferences.
Chi-ang Lin: An Institutional Perspective on Fundraising: A Comparative Analysis of
Taiwan’s
Educational and Religious Groups.
André Lunardelli: Fairness, Ambiguity Aversion and the Stabilization Costs in the USA.
Ronald Mincy: Markets for Mothers and Fathers.
John Morgan: A Test of the Revenue Equivalence Theorem using Field Experiments on eBay.
Basil Moore: Complexity and Contingency.
Shabnam Mousavi: Rationality, Bounded Rationality and Actual Decision Making.
Linda Pelzmann: Departure from Rational Risk Perception.
Hermann Pengg: Models of Diffusion and Contagion Adapted for Prediction of Market
Volume.
Mark Pingle: Examining the Impact of Relative Standing Using an Ultimate Bargaining
Game
Experiment.
Amnon Rapoport: Equilibrium Play in Single-Server Queues with Endogenously Determined
Arrival Times.
Douglas Rebne: In Celebration of Value-Rational Leadership: Albert Gallatin and the
Louisiana
Purchase.
Craig Richardson: Who Lies and Why? The Economics of Deception.
J. Barkley Rosser: The Changing Face of Economics.
Tobias Rotheli: Losses Induced by Limited Coordination.
Jim Roumasset and Ari Joeri Henri Van
Assche: Malthus to Solow: A New Classical
Apporach
to Induced Innovation.
Jean-Louis Rulliere and Marie-Claire
Villeval: Redesigning Teams and
Incentives: A Real Effort
Experiment with Managers of a Merged Company.
Shunichiro Sasaki: The Density of Social Ties and the Equilibrium Selection in
Coordination
Games: An Experimental Study.
Pamela Schmitt: On the Role of the Hostage in Ultimatum Bargaining Games.
Hugh Schwartz: Decision Making as Revealed in On-Going Interviews.
Darryl Seale: Joining a Queue or Staying Out: Effects of Information Structure and
Service Time
on Large Group Coordination.
Manohar Singh: State Dependence of Investor Perceptions: An Explanation for Herding
Behavior?
Donald J. Smythe: Bounded Rationality, the Doctrine of Impracticality, and the Governance
of
Relational Contracts.
Kevin Sontheimer: Behavioral Economics versus Neoclassical Economics: Paradigm Shift or
Generalization.
Jack Stecher: Rationality and Perceptions.
Mark Stegeman: Accelerated (hyperbolic) Discounting as the Fully Rational Solution to
a
Generic Stochastic Control Problem.
Kurtis Swope: Preferences, Personality, and Pre-Commitment: Behavioral Explanations
in
Ultimatum Games.
Mauro Calixta Tavares: Consumption Systems and Market Orientation.
Ken Taylor: Ethical Behavior in Class Games.
Ranjini Thaver: A University Based Micro Credit Program.
Erik Thorbecke: Conceptual and Measurement Issues in Poverty Analysis.
John Tomer: Organizational Capital and Personal Capital: The Role of Intangible
Capital
Formation in the Economy.
Bijou Yang and David Lester: Gender Differences in E-commerce: Are Men
Really from Mars
and Women Really from Venus?
Hsiang Yin: Short-Term Stock Price Volatility: A NASDAQ Level-II Approach.
Roberto Weber: Exploiting the Moral Wriggle Room; Behavior Inconsistent with a
Preference
for Fair Outcomes.
Paul Zak: The Neurobiology of Trust.
|
Conference
Participants’Affiliations: SABE 2003 |
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Name |
Affiliation |
Email |
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Albanese, Paul J. |
Kent State University |
palbanes@kent.edu |
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Allgood, Sam |
University of Nebraska |
sallgoodl@unl.edu |
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Altman, Morris |
University of Saskatchewan, Canada |
altman@sask.usask.ca |
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Anderson, Lisa R. |
College of William and M |
irande@wm.edu |
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Ariely, Dan |
MIT |
ariely@MIT.EDU |
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Atkinson, Glen |
University of Nevada, Reno |
atkinson@scs.unr.edu |
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Barr, Jason |
Dartmouth College |
Jason.M.Barr@Dartmouth.edu |
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Berg, Nathan |
University of Texas at Dallas |
nberg@utdallas.edu |
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Brekke , Kjell Arne |
University of Oslo, Norway |
k.a.brekke@sum.uio.no |
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Brown, Paul |
University of Auckland, New Zealand |
pm.brown@auckland.ac.nz |
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Burman, Jeremy T. |
Trinity College, University of Toronto |
jeremy.burman@
utoronto.ca |
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Capra, C. Monica |
Emory University |
capram @hss.caltech.edu |
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Chamberlain, Thomas |
Independent Researcher |
tomchamb@ix.netcom.com |
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Chen, Yan |
University of Michigan |
yanchen@umich.edu |
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Chorvat, Elizabeth |
George Mason University |
echorvat@gmu.edu |
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Chorvat, Terrence |
George Mason University |
tchorvat@gmu.edu |
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Cory, Gerald |
San Jose State University |
augustuscory@msn.com |
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Croson, Rachel |
Wharton Business School |
Croson@opim.wharton.upenn.edu |
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Day, Richard |
University of Southern California |
rday@rcf.usc.edu |
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Dickinson David |
Utah State University |
ddickinson @b202.usu.edu |
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Evans, Dorla |
University of Alabama, Huntsville |
evansd@email.uah.edu |
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Field, Alexander J. |
Santa Clara University |
afield@scu.edu |
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Flynn, Sean Masaki |
Vassar College |
Flynn@vassar.edu |
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Frank, Robert |
Cornell University |
rhf3@cornell.edu |
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Frantz, Rodger |
San Diego State University |
rfrantz@mail.sdsu.edu |
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Freeland, Mark |
Centers for Medicare and Medicaid
Services; Office of the Actuary |
mfreeland@cms.hhs. gov |
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Gadomski, Przemek |
Warsaw University, Poland |
pgadomski@wne.uw.edu.pl |
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Gintis, Herbert |
Unversity of Massachusetts, Amherst and Sante Fe Institute |
hgintis@comcast.net |
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Guerrero, Federico |
University of Nevada, Reno |
guerrero@unr.edu |
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Hansen, Fredrik |
Vaxjo University, Sweden |
fredrik.Hansen@ehv.vxu.se |
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Hayes, Michael |
Internal Revenue Service |
Michael.N.Hayes@irs.gov |
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Huang, Peter |
University of Pennsylvania Law School |
phuang@law.upenn.edu |
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Jaffe, Klaus |
Universidad Sim®n Bolivar, Caracas, Venezuela. |
kjaffe@usb.ve |
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James, Simon |
University of Exeter |
S.R.James@ex.ac.uk |
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Jones, Philip |
University of Bath |
P.R.Jones@bath.ac.uk |
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Kalinowski, Catherine |
North Carolina State Universty |
cmkalino@unity.ncsu.edu |
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Kheirandish, Reza |
Virginia Polytechnic Institute and
State University |
rkheiran@vt.edu |
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Kim, Jeong-Yoo |
Dongguk University, Korea |
jyookim@dongguk.edu |
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Le Guirriec, Gaelle |
Paris II University and ESSEC |
Gaelle.leguirriec@reims-ms.fr |
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Lester, David |
The Richard Stockton College of New
Jersey, Pomona, NJ 08240 |
lesterd@stockton.edu |
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Levy-Garboua, Louis |
TEAM (CNRS) University of Paris I (Pantheon-Sorbonne), France |
Louis.Levy-Garboua@univ parisl.fr |
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Lin, Chi-an |
National Chenchi University , Taiwan |
calin@nccu.edu.tw |
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Lunardelli, Andre |
University of Sao Paulo, Brazil |
a.lun@globo.com |
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Lynne, Gary |
University of Nebraska-Lincoln |
GLYNNE@neb.rr.com |
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Mellor, Jennifer |
College of William and Mary |
jmmell@wm.edu |
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Mincy , Ronald |
Columbia University |
rm905@columbia.edu |
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Moore, Basil |
Wesleyan University and University of Stellenbosch |
bjm@sun.ac.za |
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Morgan, John |
University of California at Berkeley |
morgan@haas.berkeley.edu |
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Mousavi, Shabnam |
Virginia Polytechnic Institute and
State University |
smousavi@vt.edu |
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Nomof, Normon |
Unaffiliated |
nnomof@gv.net |
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Pelzmann, Linda |
Vienna University of Economics and
Business Administration |
Linda.Pelzmann@uni-klu.ac.at |
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Pengg, Hermann |
Vienna University of Economics and
Business Administration |
hermann.pengg@treibacher.at |
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Pingle, Mark |
University of Nevada, Reno |
pingIe@unr.edu |
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Rapoport, Amnon |
University of Arizona |
amnon@u.arizona.edu |
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Rebne, Douglas |
New York University |
dr73@salem.edu |
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Richardson, Craig |
Salem College |
Cjr@salem.edu |
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Rosser, J. Barkley |
James Madison University |
rosserjb@jmu.edu |
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Rotheli, Tobias |
University of Erfurt |
tobias.roetheli@uni-erfurt.de |
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Roumasset, Jim |
Univerisity of Hawaii |
jimr@hawaii.edu |
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Rullere, Jean-Louis |
GATE---University of Lyon, FRANCE |
rulliere@gate.cnrs.fr |
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Sasaki, Shunichiro |
Graduate School of Media and
Governance, Keio University, Japan |
ssasaki@sda.att.ne.jp |
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Schmitt, Pamela |
US Naval Academy |
pschmitt@usna.edu |
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Schwartz, Hugh |
University of the Republic and ORT,
Uruguay |
hughschwar@aol.com |
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||
|
Seale, Darrel |
University of Nevada, Las Vegas |
dseale@unlv.edu |
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|
Singh, Manohar |
University of Nevada, Reno |
msingh@
unr.edu |
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|
Smythe, Donald J. |
California Western School of Law |
djs@cwsl.edu |
|
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|
Sontheimer, Kevin |
University of Pittsburgh |
Sontheim+ @pitt.edu |
|
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|
Stecher, Jack |
University of Minnesota |
jstecher@csom.umn.edu |
|
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|
Stegeman, Mark |
Virginia Polytechnic Institute and
State University |
stegeman@vt.edu |
|
||
|
Swope, Kurtis |
US Naval Academy |
swope@usna.edu |
|
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|
Tavares, Bruno Gustavo |
College of Human Sciences of Pedro Leopoldo, Brazil |
calixta@terra.com.br |
|
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|
Tavares, Mauro Calixta |
College of Human Sciences of Pedro Leopoldo, Brazil |
calixta@terra.com.br |
|
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|
Taylor, Ken |
Rollins College |
ktaylor2@cfl.rr.com |
|
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|
Thaver, Ranjini |
Stetson University |
rthaver @stetson.edu |
|
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|
Thorbecke, Erik |
Cornell University |
etl7@
cornell.edu |
|
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Tomer, John |
Manhattan College |
jtomer@juno.com |
|
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|
Van Assche, Ari Joeri Henri |
University of Hawaii |
asschea@hawaii.edu |
|
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|
Villeval, Marie-Claire |
Universite Lumiere Lyon 2, France |
villeval@gate.cnrs.fr |
|
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|
Weber, Roberto |
Carnegie Mellon University |
rweber@andrew.cmu.edu |
|
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|
Wheeler, Mark |
Temple University |
mark.wheeler@ temple.edu |
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Yang-Lester, Bijou |
Drexel University |
lesterby@drexel.edu |
|
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|
Yin, Hsiang |
Unaffiliated |
hsiang76@hotmail.com |
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|
Zak, Paul |
Claremont Graduate University and Loma Linda University |
paul.zak@cgu.edu |
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IAREP
CONFERENCE IN PRAGUE 2005
'ABSURDITY
IN THE ECONOMY'
The Jubilee IAREP Congress, the 30th,
will be held in Praha, Czechia, on the site of the oldest University in Central
Europe: Charles University (founded in 1348). The organiser will be Karel
Riegel, with the Institute of Psychology Charles U. and Cappo (Czech
association of work and organizational Psychology)
The main theme will cover all aspects of
rationality and absurdity: from pure rational thinking, through bounded
rationality, to the non-rational - or irrational - so well described by the
writer Franz Kafka, who was a citizen of Prague and clerk of an assurance
agency. The transition of
economies was not like a walk through a
rosarium (as in beautiful Bath for example), but rather more like a laboratory
of economic thought. Independent variables were not only the euphoria that came
from new freedoms, but also naivity and inexperience on the one hand and legal
and
moral deficits on the other. The
resulting profound changes brought not only the standard, functioning market
economy, but also emotions, depressions, disenchantment and, even a sense of
absurdity. Underestimation, in the same way as overestimation of market
possibilities,
leads as a rule to a whole family of
economic consequences like bankruptcy, corruption,, unemployment, and its
psychological co-(Johny)walkers: distrust (of currency, or stocks and shares
for example), dissocialization (not only children, but adults too), an increase
in the proportion of risky and hazardous behaviors (such as gambling etc). So
there is a wide range of
general and specific research problems to
be approached from theoretical, methodological and applied perspectives, and
members of IAREP are invited to address these. Another aim of the congress is
to contribute to ways of solving the problems emerging in practice. For that
reason, some of the thematic sessions will be focused on specific topics. There
will be an 'Internet Conference' on the web as a special forum for those who
will not be able to
join the meeting in person.
As the Prague meeting represents IAREP's
30th year, the congress presents an opportunity both to recapitulate and evaluate
all that has already been achieved in the field of economic psychology, as well
as outlining perspectives for future development. Depending on the demand, the organiser will
prepare some pre-congress workshops, a programme for accompanying persons,
social events (such as a visit to Karlovy Vary, a boat cruise on Vltava River,
a guided tour of ancient Prague, a University promotion ceremony and so on) as
well as some post-congress tours.
The conference will be in September 2005.
We look forward to welcoming you all in
Books
of Interest
Paul J. Albanese, The Personality Continuum
and Consumer Behavior,
Greenwood Publishing Group, 2002.
Morris Altman, Human Agency and Material Welfare: Revisions in Microeconomics and
their
Implications for Public Policy,
Boston, Dordtrecht, London: Kluwer Academic Publishers,
1996.
Morris Altman, Worker Satisfaction and Economic
Performance: Microfoundations of Success
and Failure.
Armonk, NY: M.E. Sharpe, 2001.
Gerrit Antonides, Psychology in Economics and Business, Dordrecht: Kluwer, 1991.
J.L. Baxter, Behavioral Foundations of Economics, Marmillan Press/St Martin’s
Press, 1993.
Kenneth Button, ed., The Collected Essays of Harvey Liebenstein, 2 Vols. New York
University
Press, 1989.
Samuel Cameron, The Economics of Sin:
Rational Choice or No Choice At All? Northampton,
MA: Elgar, 2002.
Young Back Choi, Paradigms and Conventions: Uncertainty, Decision Making and
Entrepreneurship,
Ann Arbor: University of Michigan Press, 1993.
Richard Cyert and James G. March, A Behavioral Theory of the Firm, 2nd
ed. Cambridge, Mass:
Blackwell Business, 1992.
Peter E. Earl, Behavioral Economics, Edward Elgar Publishing, 1998.
Nancy Folbre, Economics and Family
Values, New York: The New Press, 2001.
Roger
S. Frantz, X-Efficiency: Theory, Evidence
and Applications, Boston: Kluwer, 1988.
Roger
S. Frantz, Hardinger Singh and James Gerber, eds, Behavioral Decision Making:
Handbook of Behavioral Economics, Greenwich: JAI Press, 1991.
Bruno
S. Frey, Economics as a Science of Human
Behavior: Towards a New Social Science
Paradigm,
Boston, Dordrecht and London: Kluwer, 1992.
Daniel
Friedman and Shyam Saunders, Experimental
Economics: A Primer for Economists, New
York: Cambridge University Press, 1994.
Gerd
Gigerenzer and Reinhard Selten (eds.) Bounded Rationality: The Adaptive
Toolbox,
Cambridge, MA: The MIT Press, 2002.
David
George, Preference Pollution: How Markets Create the Desires We Dislike,
Ann Arbor:
University of Michigan Press, 2001.
Benjamin
Gilad and Stanley Kaish, eds., Handbook
of Behavioral Economics, 2 vols. Greenwich:
JAI Press, 1986.
Shoshana
Grossbard-Shechtman, On the Economics of
Marriage: A Theory of Marriage, Labor,
and Divorce. Boulder, Calorado: Westview Press, 1992.
Charles
Hampden-Turner and Alphons Trumpenaars, Seven
Ways of Wealth Creation. New
York: Doubleday, 1993.
Daniel
Kahneman, Paul Slovic and Amos Tversy, eds, Judgement
Under Uncertainty:Heuristics
and Biases,
Cambridge; Cambridge University Press, 1982.
Simon
James, ed., Taxation: Critical Perspectives on the World Economy. Four volumes,
London and New York, Routledge, 2002.
Simon
James and Christopher Nobes, The
Economics of Taxation, Principles, Policy and
Practice,
7th ed., revised, Prentice Hall, 2003.
Bill
Jordon, Simon James, Helen Kay and Marcus Redley, Trapped in Poverty: Labour Market
Decisions in Low Income Households. London: Routledge, 1992.
Bill
Jordan, Marcus Redley and Simon James, Putting
the Family First: Selves, Decisions
and
Citizenship,
University College London Press, 1994.
Robert
Kuttner, The Economic Illusion: False
Choices Between Prosperity and Social Justice.
Philadelphia: University of Pennsylvania
Press, 1987.
Stephen
E.G. Lea, Paul Webley and Brian M. Young, eds., New Directions in Economic
Psychology: Theory, Experiment and Application. United Kingdom: Edward Elgar Publishing,1992.
Tony
Lawson, Economics and Reality, London
and New York, Routledge, 1997.
Harvey Leibenstein, Inside the Firm: The Inefficiencies of Hierarchy. Cambridge, Mass:
Harvard University Press, 1987.
David Lester & Bijou Yang, The Economy and Suicide: Economic Perspectives
on Suicide,
Commack, NY: Nova Science Publishers, 1997.
David Lester & Bijou Yang, Suicide
and Homicide in the 20th Century: Changes Over Time,
Commack, NY: Nova Science Publishers, 1998.
Alan
Lewis, Paul Webley and Adrian Furnham, The
New Economic Mind: The Social
Psychology of Economic Behaviour.
New York and London: Prentice Hall, 1995.
George
Lowenstein and Jon Elster, eds, Choice
over Time, New York: Russell Sage Foundation,
1992.
Shlomo
Maital and Sharon Maital, eds., Economics
and Psychology. United Kingdom:
Edward
Elgar Publishing, 1993.
Shlomo
Maital, Executive Economics: Ten
Essential Tools for Managers. New York: The Free
Press, 1994.
Roger
McCain, A Framework for Cognitive
Economics, New York: Praeger, 1992.
Marvin
E. Rozen, The Economics of Organizational Choice: Workers, Jobs, Labor Markets,
and
Implicit Contracting. Ann Arbor: University of Michigan Press,
1991.
Hersh
Shefrin, Beyond Greed and Fear;
Understanding Behavioral Finance and the Psychology
of Investing, Boston: Harvard Business School Press,
2000.
Robert
J. Shiller, Irrational Exuberance. With
a New Preface by the Author, Princeton University
Press, 2001.
Andrei
Schleifer, Inefficient Markets: An
Introduction to Behavioral Finance, Oxford University
Press, 2000.
Hugh
Schwartz, Rationality Gone Awry? Decision
Making Inconsistent with Economic and
Financial Theory,
Praeger, 2000.
Herbert
A. Simon, Administrative Behavior: A Study of Decision-Making Processes in
Administrative Organizations, The Free Press, 1997.
Richard
H. Thaler, The Winner's Curse: Paradoxes
and Anomolies of Economic Life. New York:
The Free Press, 1992.
Richard
H. Thaler, ed., Advances in Behavioral
Finance, New York: Russell Sage Foundation,
1993.
John
F. Tomer, Organizational Capital: The
Path to Higher Productivity and Well-Being. New
York, Praeger, 1987.
John
F. Tomer The Human Firm: A Socio-Economic
Analysis of Its Behavior and Potential in a
New Economic Age,
New York: Routledge, 1999.
Karl-Erik
Warneryd, The Psychology of Saving: A
Study on Economic Psychology, Edward
Elgar, 1999.
Karl–Erik
Warneryd, Stock Market Psychology: How
People Value and Trade Stocks, Edward
Elgar, 2001.
Klaus
Weiermair and Mark Perlman, eds., Studies
in Economic Rationality: X-Efficiency
Examined and Extolled. Ann Arbor:
University of Michigan Press, 1990.