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Quasi Rational Economics

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  • 389 páginas
  • 14 horas de lectura

Más información sobre el libro

Standard economics theory is built on the assumption that human beings act rationally in their own self interest. But if rationality is such a reliable factor, why do economic models so often fail to predict market behavior accurately? According to Richard Thaler, the shortcomings of the standard approach arise from its failure to take into account systematic mental biases that color all human judgments and decisions.

Compra de libros

Quasi Rational Economics, Richard H. Thaler

Idioma
Publicado en
1994
Encuadernación
(Tapa blanda),
Estado del libro
Bueno
Precio
8,59 €

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Título
Quasi Rational Economics
Idioma
Inglés
Publicado en
1994
Formato
Tapa blanda
Páginas
389
ISBN10
087154847X
ISBN13
9780871548474
Serie
Descripción
Standard economics theory is built on the assumption that human beings act rationally in their own self interest. But if rationality is such a reliable factor, why do economic models so often fail to predict market behavior accurately? According to Richard Thaler, the shortcomings of the standard approach arise from its failure to take into account systematic mental biases that color all human judgments and decisions.