Much attention has been paid to the increasing proportion of non-tenure-track faculty--adjuncts, lecturers, and others--in American higher education. Critics charge that universities exploit "contingent faculty" and graduate students, engaging in a type of bait and switch to attract applicants (adve[...]
This book develops dynamic economic models using the perspective and analytic framework provided by psychological learning theory. This framework is used to resolve apparent contradictions between optimization theory, which lies at the heart of all modern economic theory, and day-to-day evidence tha[...]