Behavioral Economics: The Failure of Contingent Thinking


Manage episode 244882767 series 13370
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Rational choice theory states that individuals have coherent preferences over alternatives but this theory is being replaced by a new view rooted in psychology. Ignacio Esponda (Economics, UCSB) gives examples of economic experiments and contingent thinking. Series: "GRIT Talks" [Show ID: 35174]

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