docMaps of Bounded Rationality: Psychology for Behavioral Economics
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Thaler-Sunstein
far betterjob than thirdpartiescould do. As far
as we can tell, there is little empirical support
for this claim. Research by psychologists and
economists over the past three decades has
raised que...
Kahneman et al 1991
did not settle the matter. Some economists felt that the behavior would
disappear if subjects were exposed to a market environment with ample
learning opportunities. For example, Knez, Smith and Wi...
