Craig Freedman sent me a copy of an interview did with a distinguished economist. with regard to the subject of behavioral economics, the economist said, in effect, no way. do you think I am going to throw away a lifetime of work.

[EMAIL PROTECTED] wrote:
How would you classify models that Bowles talks about in *Microeconomics*

where there are individual utility functions, emphasis plural, with interactive features?

Or models that incorporate game theory.




this mostly seems to be a matter of behavioral (a.k.a. experimental)
economics. It's a good thing, but it must be stressed that behavioral
economics almost never gets beyond the individualistic approach of
neoclassical economics.



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Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
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www.michaelperelman.wordpress.com
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