Summary:
“Textbooks are beginning to integrate behavioral economics into principles textbooks, but it’s not always clear how behavioral concepts affect the traditional models that instructors teach at the introductory level. This talk will outline the ways economic actors can deviate from the assumption of rationality and give several examples of how to adapt basic models in order to take these irrationalities into account.”
Topics:
Jodi Beggs considers the following as important:
This could be interesting, too:
“Textbooks are beginning to integrate behavioral economics into principles textbooks, but it’s not always clear how behavioral concepts affect the traditional models that instructors teach at the introductory level. This talk will outline the ways economic actors can deviate from the assumption of rationality and give several examples of how to adapt basic models in order to take these irrationalities into account.”
Topics:
Jodi Beggs considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes Post-real economics — a severe case of mathiness
New Economics Foundation writes Energy bills are falling – but the UK is still not protected from future price shocks
Lars Pålsson Syll writes Perché la trasformazione del capitalismo è necessaria
New Economics Foundation writes New Economics Podcast: Do we need to fight for the right to protest?
“Textbooks are beginning to integrate behavioral economics into principles textbooks, but it’s not always clear how behavioral concepts affect the traditional models that instructors teach at the introductory level. This talk will outline the ways economic actors can deviate from the assumption of rationality and give several examples of how to adapt basic models in order to take these irrationalities into account.” |