AO: the analysts argue that psychology and economics are merging into a new single, distinct perspective (economic-psychology). They argue that it is becoming a collaborative field because those working at the intersection are becoming more similar and developing a shared language.
“Most people working at the cross-section of economics and psychology share many features: they share re- search topics, such as interpersonal interaction, interdependence, games, judgment, decision-making, consumer behavior. They also use the same or similar methods. Both use lab experiments and field data; both groups are interested in behavior as expressed in the field as well as the more theoretical underpinnings of this behavior.”
