Handbook of Behavioural Economics and Smart Decision-Making
Rational Decision-Making within the Bounds of Reason
Edited by Morris Altman
Extract
4 Rational choice as if the choosers were human Peter J. Boettke and Rosolino A. Candela 1 INTRODUCTION In a recent paper entitled ‘Principles of (behavioral) economics’, economists David Laibson and John List claim that ‘behavioral economics is a...
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