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Keen Behavioural Finance 2011 Lecture01 Economic Behaviour Part 1

Summary:
This is the first of about 20 videos of my lectures in Behavioural Finance at the University of Western Sydney (2 videos per lecture). This first lecture presents the Neoclassical theory of consumer behavior–known as Revealed Preference–and an experiment that invalidated it by the German economist Reinhard Sippel.

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This is the first of about 20 videos of my lectures in Behavioural Finance at the University of Western Sydney (2 videos per lecture). This first lecture presents the Neoclassical theory of consumer behavior–known as Revealed Preference–and an experiment that invalidated it by the German economist Reinhard Sippel.


Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

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