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Tag

economic models

Economics, Illogical or Irrational?

Posted on09 Dec 2013

Tagsfinancial markets, Stockholm University, Per Krusell, economic models, Brendan Greeley, Bloomberg Businessweek, retailing, rational actor theory, people's differences, irrational, economics, consumer, behavioral economics, assumptions

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Once upon a time, long, long ago, a successful retail executive confided that in college she didn’t do well in economics. She...

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