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. 0 Related Posts:Go for it!The biophysical limits of cognitive computationThinking like a behavioral economist (dentist edition)Robert J. Samuelson is not an … Continue reading Neoclassicists vs. Behaviouralists