"Rationality after Behavioral Economics" with Mario Rizzo

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Manage episode 184511034 series 1181635
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In a world of uncertainty, how does a hierarchical application of rules facilitate decision making? On this episode of the Hayek Program Podcast, Mario Rizzo explains how the recognition of environmental structure and human limitations lead us to a broader concept of rationality in comparison to the standard neoclassical view. CC Music: Twisterium.

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