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Quasirational Economics

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.

Booko found 2 book editions of Quasirational Economics by Richard H. Thaler

Details Published Fomat New Used
Cover Art for 9780871548474, Quasirational Economics by Richard H. Thaler
Quasirational Economics
Jan, 1994 Paperback Being refreshed... Being refreshed...
Cover Art for 9780871548467, Quasirational Economics by Richard H. Thaler
Quasirational Economics
Oct, 1991 Hardcover Being refreshed... Being refreshed...

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