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maroonmanatee854
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18 Aug 2020
What is neoclassical economics and behavioral economics?
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eveready
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13 Aug 2023
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tutor101
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25 Sep 2021
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Vaishali Yadav
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19 Sep 2020
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Related textbook solutions
Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340
Related questions
What do neoclassical economics and behavioral economics believe about giving people options?
limetoad221
The type of economics that studies irrational behavior or decisions is known as _____?
Decision economics
Rational economics
Behavioral economics
Neoclassical economics
Ā
Ā
copperwhale343
According to behavioral economics, cognitive biases create:
1. errors in decision making, but these errors are random and follow no particular pattern.
2. are misunderstandings or misperceptions that cause systematic error.
3. occur but are not prevalent enough to distort the behavioral predictions of neoclassical economics.
4. are solely the result of faulty heuristics.
viridianwoodchuck348
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