Decision, contract, and emotion: Some economics for a complex and confusing world

Canadian Journal of Economics

Volumn 29, Issue 4, 1996, Pages 788-810

  Macleod, W Bentley ^a  

^a UNIVERSITÉ DE MONTRÉAL   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0000923740     PISSN: 00084085     EISSN: None     Source Type: Journal    
DOI: 10.2307/136215     Document Type: Article

References (65)

1. Alchian, Armen, and Harold Demsetz (1972) 'Production, information costs, and economic organization.' American Economic Review 62, 777-95
2. Anderlini, Luca, and Leonardo Felli (1994) 'Incomplete written contracts: indescribable states of nature.' Quarterly Journal of Economics 109, (1992) 1085-124
3. Baker, George (1992) 'Incentive contracts and performance measurement.' Journal of Political Economy 100, 598-614
4. Baron-Cohen, Simon (1995) Mindblindness: An Essay on Autism and Theory of Mind. (Cambridge, MA: MIT Press)
5. Bernheim, B. Douglas, and Michael D. Whinston (1995) 'Incomplete contracts and strategic ambiguity.' Mimeo, Harvard University, March
6. Binmore, Ken (1993) 'De-Bayesing game theory.' In Binmore, Kirman and Tani, eds (1993)
7. Binmore, Ken, Alan Kirman, and Piero Tani, eds (1993) Frontiers of Game Theory (Cambridge, MA.: MIT Press)
8. Brown, Charles (1990) 'Firm's choice of method of pay.' Industrial and Labour Relations Review 43, 165-82
9. Camerer, Colin (1995) 'Individual decision making.' In Kagel and Roth, eds (1995)
10. Camerer, Colin F., Eric J. Johnson, Talia Rymon, and Sankar Sen (1993) 'Cognition and framing in sequential bargaining for gains and losses.' In Binmore et al., eds (1993)
11. Carmichael, H. Lome, and W. Bentley MacLeod (1996) 'Territorial bargaining.' Mimeo, Queen's University
12. Damasio, Antonio R. (1995) Descartes' Error (New York: Avon Books)
13. Deaton, Angus (1992) Understanding Consumption, Claredon Lectures in Economics (Oxford: Clarendon Press)
14. Dye, Ronald A. (1985) 'Costly contract contingencies.' International Economic Review 26, 233-50
15. Ellingsen, Tore (1995) 'The evolution of bargaining behavior.' Mimeo, Stockholm School of Economics, June
16. Epstein, Larry G. (1992) 'Behavior under risk: recent developments in theory and applications.' In Advances in Economic Theory: Sixth World Congress, Vol. I, ed. Jean-Jacques Laffont (Cambridge: Cambridge University Press)
17. Epstein, Richard A. (1995) Simple Rules for a Complex World (Cambridge, MA: Harvard University Press)
18. Feigenbaum, Edward A. and Julian Feldman, eds (1995) Computers and Thought (Menlo Park, CA: AAAI Press / MIT Press) (originally published 1963)
19. Frank, Robert H. (1988) Passions within Reason (New York: W.W. Norton)
20. Garey, Michael R., and David S. Johnson (1979) Computers and Intractability (New York: W.H. Freeman)
21. Gibbons, Robert (1995) 'The employment relationship.' Mimeo, survey paper prepared for the Seventh World Congress of the Econometric Society, Tokyo, August
22. Gilboa, Itzhak, and David Schmeidler (1995) 'Case-based decision theory.' Quarterly Journal of Economics 110, 605-40
23. Goldin, Claudia (1986) 'Monitoring costs and occupational segregating by sex: a historical analysis.' Journal of Labor Economics 4, 1-27
24. Grossman, Sanford, J. and Oliver D. Hart (1986) 'The costs and benefits of ownership: a theory of vertical and lateral integration.' Journal of Political Economy 94, 691-719
25. Hart, Oliver (1995) Firms, Contracts and Financial Structure (Oxford: Oxford University Press)
26. Holmström, Bengt (1979) 'Moral hazard and observability.' Bell Journal of Economics 10, 74-91
27. _ (1982) 'Moral hazard in teams.' Bell Journal of Economics 13, 324-40
28. Holmström, Bengt, and Paul Milgrom (1991) 'Multi-task principle-agent analysis: incentive contracts, asset ownership, and job design.' Journal of Law, Economics, and Organization 7, 24-52
29. Johnson, Eric, J., Colin Camerer, Sankar Sen, and Talia Rymon (1996) 'Limited computation and fairness in sequential bargaining experiments.' Unpublished manuscript, Wharton School, University of Pennsylvania, January
30. Johnson-Laird, Philip N. (1983) Mental Models (Cambridge, MA: Harvard University Press)
31. Kagel, John H., and Alvin E. Roth, eds (1995) The Handbook of Experimental Economics (Princeton, NJ: Princeton University Press)
32. Kahneman, Daniel, Jack Knetsch, and Richard Thaler (1986) 'Fairness as a constraint on profit seeking: entitlements in the market.' American Economic Review 76, 728-41
33. _ (1990) 'Experimental tests of the endowment effect and the Coase theorem.' Journal of Political Economy 98, 1325-48
34. Kalai, Ehud, and William Stanford (1988) 'Finite rationality and interpersonal complexity in repeated games.' Econometrica 56, 397-410
35. Kosslyn, Stephen M., and Olivier Koenig (1995) Wet Mind (New York: Free Press)
36. Lazear, Edward P. (1995) Personnel Economics (Cambridge MA: MIT Press)
37. Lucas, Robert E. (1976) Econometric Policy Evaluation: A Critique, Vol. 1 of Carnegie-Rochester Conference Series on Public Policy (Amsterdam: North-Holland)
38. Machina, Mark J. (1987) 'Choice under uncertainty: problems solved and unsolved.' Journal of Economics Perspectives 1, 121-54
39. MacLeod, W. Bentley (1995) 'Complexity, bounded rationality and heuristic search.' Mimeo, Université de Montréal, February
40. _ (1996) 'Contract, complexity and the employment relationship.' Mimeo, Boston College, February
41. MacLeod W. Bentley, and James M. Malcomson (1989) 'Implicit contracts, incentive compatibility, and involuntary unemployment.' Econometrica 57, 447-80
42. _ (1996) 'Motivation and markets.' Mimeo, Boston College, January
43. MacLeod W. Bentley, and Daniel Parent (1996) 'Jobs and incentives.' Mimeo, CRDE, Université de Montréal
44. Milgrom, Paul, and John Roberts (1992) Economics, Organisations and Management (Englewood Cliffs, NJ: Prentice Hall)
45. Minsky, Marvin (1995) 'Steps towards artificial intelligence.' In Computers and Thought, Feigenbaum and Feldman (originally published 1963)
46. Neuman, John Von, and Oskar Morgenstern (1944) Theory of Games and Economic Behavior (Princeton, NJ: Princeton University Press)
47. Newell, Allen (1990) Unified Theories of Cognition (Cambridge, MA: Harvard University Press).
48. Newell, Allen, and Paul S. Rosenbloom (1981) 'Mechanisms of skill acquisition and the law of practice.' In John R. Anderson, ed. Lawrence Earlbaum Associates (Hillsdale, NJ)
49. Newell, Allen, and Herbert Simon (1972) Human Problem Solving (Englewood Cliffs, NJ: Prentice Hall)
50. _ (1995) 'GPS, a program that simulates human thought.' In Computers and Thought, ed. Feigenbaum and Feldman (originally published 1963)
51. Nilsson, Nils J. (1980) Principles of Artificial Intelligence (Morgan Kaufmann)
52. Osborne, Martin J., and Ariel Rubinstein (1994) A Course in Game Theory (Cambridge, MA: MIT Press)
53. Pearl, Judea (1984) Heuristics (Reading, MA: Addison-Wesley)
54. Sargent, Thomas (1993) Bounded Rationality in Macroeconomics (Oxford: Clarendon Press)
55. Savage, Leonard J. (1972) The Foundations of Statistics (New York: Dover Publications)
56. Segal, Ilya (1995) 'Complexity and renegotiations: a foundation for incomplete contracts.' Mimeo, Harvard University
57. Simon, Herbert A. (1951) 'A formal theory of the employment relationship.' Econometrica 19, 293-305
58. _ (1955) 'A behavioral model of rational choice.' Quarterly Journal of Economics 69, 99-118
59. _ (1982) Models of Bounded Rationality, Vol. 2 (Cambridge, MA: MIT Press)
60. Smith, Vernon L. (1994) 'Economics in the laboratory.' Journal of Economics Perspectives 8, 113-31
61. Speigel, Matthew, Janet Currie, Hugo Sonnenschein, and Arunava Sen (1994) 'Understanding when agents are fairmen or gamesmen.' Games and Economic Behavior 7, 104-15
62. Tirole, Jean (1994) 'Incomplete contracts: where do we stand?' Walras-Bowley Lecture, Summer Meetings, Econometric Society
63. Townsend, Robert (1979) Optimal contracts and competitive markets with costly state verification.' Journal of Economic Theory, 22, 265-93
64. Wright, Robert (1994) The Moral Animal (New York: Vintage Books)
65. Young, H. Peyton (1993) 'The evolution of conventions.' Econometrica 61, 57-84