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August 29, 2003
Neoclassicists vs. Behaviouralists
Very interesting article in The Economist exploring the nuance of human behavior in an economic context. The skinny: neoclassical economic assumptions of rational choice are more valid for financial professionals than Joe-Schmo. Big surprise.
Posted by razib at
02:16 PM
always remember, idiots are everywhere, but it's awfully hard to make money trading stocks. Paradox? Posted by: eric f at August 29, 2003 06:30 PM |
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