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Spatial Economics and Ecosystems
Economists, most from Spain, offer 14 literature reviews and research reports reflecting efforts by mainstream economic thought to include among its chief concerns the study of complex interactions between economies and natural space, and the study of the complex phenomenon of individual and collective decision-making when faced with problems linking economic activity to the environment. After an introductory paper, they cover methodological issues, environmental economic theory, applications, and experiments in simulated ecological systems. The anthology could serve as a graduate text in environmental economics. It is not indexed. Distributed in N. America by Computational Mechanics. Annotation copyrighted by Book News, Inc., Portland, OR.
Personality and Cognition in Economic Decision Making
Psychologists studying cognitive processes and personality have increasingly benefited from the wealth of theory, methodology, and decision making paradigms used in economics and game theory. Similarly, for the economists, personality traits and basic cognitive processes offer a set of coherent explanatory constructs in economic behavior. Given the debate on preference invariance and behavioral consistency across contexts and domains, the papers in this topic shed light on the existence and effect of stable sets of idiosyncratic features on economic decision-making. While the effects of personality and cognition on economic decisions remain under-explored, the papers contributed in this topic offer more than a stimulus for further research. The general message could be that personality and cognitive processes offer the stable idiosyncratic ground on which individual decisions are made.
