Economic Psychology
The (neo-)classical assumptions of economics often do not hold up to reality. Above all, psychology shows that, except in rare simple decision situations, the assumptions only inadequately describe the behavior of people, groups and markets. Economic psychology deals with the experience and behavior of people in the market, in the economy as a whole and in the state. The main topics are decisions under uncertainty, lay theories in economics, consumer, labor and capital markets, shadow economy, tax honesty, and welfare and national happiness.