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.

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