Stavros Drakopoulos obtained a BA in economics from the Athens University of Economics and Business, and an MSc and a PhD in economics from the University of Stirling, UK. Having served academic appointments at the Universities of Glasgow and Aberdeen, he is currently Professor of Economics in the Department of Philosophy and History of Science of the National and Kapodistrian University of Athens, Greece. His research interests include Economic Methodology and History of Economic Thought, Labour Economics, Health Economics and the Economics of Subjective Well-Being. He has 54 publications in refereed journals, 6 books, and 16 chapters in edited books.

Ioannis Katselidis obtained a BA from the University of Piraeus, an MSc from the University of Birmingham, and an MSc and a PhD from the Athens University of Economics and Business. He has been an Adjunct Lecturer at the Athens University of Economics and Business, the National and Kapodistrian University of Athens and the Hellenic Naval Academy, among others. He was also a Research Fellow at the Center of Planning and Economic Research (KEPE). In addition, he has published scientific papers in various refereed journals, and he has also participated in many Greek and international academic conferences. His research interests include History and Philosophy of Economic Analysis and Labour Economics and Policy.

1. Introduction 2. The Philosophical and Psychological Background: British Empiricism and Psychological Hedonism 3. Classical Economists: Psychological Assumptions and Economic Motives 4. The Precursors of Marginalists: Utility and the Subjective/Psychological Theory of Value 5. Economics and Psychology during and after the Marginal Revolution 6. The Role of Psychology in the Non-Mainstream Tradition: Old Institutionalists, Herbert Simon, and Other Dissenters 7. Economics and Psychology: Current Trends 8. Conclusions

With the rise of modern behavioural economics and increasing interest in subjective well-being research, the question of the relationship between economics and psychology has again been brought to the fore. Drawing on the history of economic thought, this book explores the historical relationship between the two disciplines.