Archivio per 27 agosto 2012

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What is Behavioral Economics?

See on Scoop.itBounded Rationality and Beyond

What Is Behavioral Economics, and Where Are the Free Lunches?

The rational assumptions in classical economic theory really need some tweaking; we learn from cognitive psychology and critical thinking, prejudices and biases cloud our so-called rational judgments and decision-making all the time; simply put, its a safe assumption to make that humans are irrational by default, and only rational with applied effort and under the right conditions, notably, when the mind is very calm and at ease.

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Time is real? I think not

agosto: 2012
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