This post is by Joël van der Weele and Peter Schwardmann. Joël (picture above) is an associate professor at the Center for Research in Experimental Economics and political Decision making ( CREED ) at the University of Amsterdam, and a fellow at the Tinbergen Institute and the Amsterdam Brain and Cognition center. His research is takes place on the intersection between economics and psychology, using the tools of experimental economics and game theory. Topics include motivated cognition in economic decisions, the interaction of laws and social norms and the measurement of beliefs. Peter (picture above) is a behavioural economist at LMU Munich. He works on belief formation and the consequences of belief biases in markets. As readers of this blog will probably know, belief formation does not always reflect a search for truth. According to an “interactionist view” of cognition, the production of arguments and the persuasion of others leads beliefs to become convenie...
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