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This public lecture discusses the criticisms of rational choice theory that have emerged within the recent literature on experimental and behavioral economics, and speculates about the possible impact on the discipline of economics
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Nature does not care ... whether we penetrate her secrets and establish successful theories about her workings and apply these theories successfully in predictions. In the social sciences, the matter is more complicated and in the following fact lies one of the fundamental differences between...
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Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School's history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, as well as provide...
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