Behavioral economists have different views of the anomalies uncovered by experiments. Some view the anomalies as evidence

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Behavioral economists have different views of the anomalies uncovered by experiments. Some view the anomalies as evidence of mistakes in decision making. Others view the anomalies as providing a new understanding of people's true preferences. What difference does it make for policy which theory is right? How could the theories be tested apart using experiments?
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Intermediate Microeconomics and Its Application

ISBN: 978-1133189039

12th edition

Authors: Walter Nicholson, Christopher M. Snyder

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