TY  - JOUR
PY  - 2019//
TI  - Psychology and the economics of invention
JO  - Behavioral and brain sciences
A1  - Allen, Robert C.
SP  - e191
EP  - e191
VL  - 42
IS  - 
N2  - Invention is an investment in which the costs of the Research and Development (R&D) project balance future returns. Those returns depend on objective factors like wage and capital costs but also on subjective factors because they are future projections. The more optimistic the inventor, the higher are the projected returns. Baumard uses Life History Theory (LHT) to relate optimism to the affluence of inventors and their societies.<p />  <p>Language: en</p>
LA  - en
SN  - 0140-525X
UR  - http://dx.doi.org/10.1017/S0140525X19000189
ID  - ref1
ER  -