AshWai9677 AshWai9677

17-11-2017
Business

contestada

What is the difference between classical economics and behavioral economics?

Respuesta :

Kalahira Kalahira

27-11-2017

Classical economics stresses that people are rational creatures who seek to maximize utility/increase possible benefit. But behavioral economics stresses that humans are irrational in a predictable way, dependent on context.

Answer Link

Otras preguntas

What is the effect of constant exposure to allergens?

Why is there no mining in Antarctica, despite evidence of mineral resources on the continent?

Which of the following constructions are crucial to draw inscribed circles on a given equilateral triangle

In the mismeasure of women, the social psychologist carol tavris argues that there is nothing "universal and nonvarying . . . in the natures of men and women."

Based on the way living things are organized, what level combines to form organ systems? Atoms Cells Organs Tissues

What is the name of the political party that dominated texas for most of the texas history?

an electrician has 14/15 yard of wire he used 5/7 of the wire how many yards of wire did the electrician use

What was one effect of the Bay of Pigs invasion?What was one effect of the Bay of Pigs invasion? a. It enabled the Soviet Union to strike the Panama Canal.

Find the greatest common factor of 15x 2 y 3 and -18x 3 yz. __.x ___.y ___.

NEED ASAP What product was the first to appear in a UK TV commercial (in 1955)?