Amitai Etzioni, the founder of SASE, shares "Behavioral Economics: A Methodological Note his forthcoming publication in the Journal of Economic Psychology.

Abstract: When theory faces a set of facts that are not compatible with its key assumptions, there are several ways it might respond. In response to the challenge posed by behavioral economics, neoclassical economics has attempted numerous different approaches. After briefly reviewing these responses, this paper turns to argue in favor of one of them.

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