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Download EBOOK Quasi Rational Economics PDF for free


Download EBOOK Quasi Rational Economics PDF for free Autor: Richard H. Thaler
ISBN-13: 9780871548474
Publisher: Russell Sage Foundation
Publisher date: 1/28/1994
Format: PDF, EPUB
File size: 995 KB
Language: English

Description of the book "Quasi Rational 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.
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