Question: Richarh Thaler started his Nobel prize speech using an example of cashew nuts for a dinner. (https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2017/thaler-lecture.html) Explain why this example is inconsistent with the

Richarh Thaler started his Nobel prize speech using an example of cashew nuts for a dinner.

(https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2017/thaler-lecture.html) Explain why this example is inconsistent with the assumption of conventional

economics.

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