Behavioral economics is the intersection of economics with psychology. Topics may include: (1) the effects of cognitive limitations on economic decisions, (2) the effects of internal conflict, (3) nonmarket goods, including internal mental states, such as happiness, (4) survey research, including survey design and the survey measurement of preference parameters from hypothetical choices, (5) theoretical modeling of nonstandard preferences and imperfect decision-making, and (6) welfare-theoretic consequences of nonstandard preferences and imperfect decision-making.
