NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Cognitive Economics

Miles S. Kimball

NBER Working Paper No. 20834
Issued in January 2015
NBER Program(s):Asset Pricing Program

Cognitive Economics is the economics of what is in people’s minds. It is a vibrant area of research (much of it within Behavioral Economics, Labor Economics and the Economics of Education) that brings into play novel types of data—especially novel types of survey data. Such data highlight the importance of heterogeneity across individuals and highlight thorny issues for Welfare Economics. A key theme of Cognitive Economics is finite cognition (often misleadingly called “bounded rationality”), which poses theoretical challenges that call for versatile approaches. Cognitive Economics brings a rich toolbox to the task of understanding a complex world.

download in pdf format
   (222 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w20834

Published: Miles Kimball, 2015. "Cognitive Economics," The Japanese Economic Review, Japanese Economic Association, vol. 66(2), pages 167-181, 06. citation courtesy of

Users who downloaded this paper also downloaded* these:
Madrian w20318 Applying Insights from Behavioral Economics to Policy Design
Howard, Bach, Berndt, and Conti w20867 Pricing in the Market for Anticancer Drugs
Levinson w19329 Happiness, Behavioral Economics, and Public Policy
Mullainathan and Thaler w7948 Behavioral Economics
Sloan, Robinson, and Eldred w20679 Does Private Information Influence Automobile Insurance Purchase Decisions?
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us