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    Behavioral Economics: An Exploration into Irrationality

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    Date
    2011
    Author
    Moaddel, Payvand
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    Abstract
    Classical economics is based on the assumption of human rationality. Behavioral economics finds this supposition unrealistic and attempts to create better economic models, theories and predictions through a stronger psychological understanding of human behavior. This paper attempts to collect a series of theories, experiments and models to provide a brief overview and introduction to the field behavioral economics.
    URI
    http://hdl.handle.net/10920/26434
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    • Economics and Business Senior Integrated Projects [1198]

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