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:
Robert Vienneau writes Another Hayekian Triangle Not Supporting The Austrian School
Joel Eissenberg writes Access to medical care: right or privilege?
NewDealdemocrat writes Production turns more negative
Bill Haskell writes Lawler: Early Read on Existing Home Sales in October
“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.” |