The awarding of the Nobel Prize in Economic Sciences in 2002 to psychologist David Kahneman and economist Vernon Smith highlights the significant implications of removing the assumption of rationality and adopting the experimental method in the study of economic phenomena for a better understanding of economic practices and the cognitive processes that govern them.

This book aims for a critical approach to the axiom of economic rationality, through the analysis of classical and contemporary works of social and economic psychology, and in discussing the alternative positions that arise from the findings of modern research.

(. . .) [Excerpt from the text on the back cover of the edition]