Eugene Coyle wrote: > Jim, > I'm not railing here against the economics profession (though I'm > happy to do so) but rather asking "Is there anything in behavioral economics > that economists didn't already know?"
there are a lot of details (such as framing effects and loss aversion) that mainstream economists didn't know but nothing important. The key thing is that there is now a pretty establishmentarian part of the economics profession which rejects "homo economicus." That doesn't mean, however, that they've got much to replace it. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
