Anomalies: Risk Aversion
نویسندگان
چکیده
conomics can be distinguished from other social sciences by the belief that most (all?) behavior can be explained by assuming that rational agents with I stable, well-<lefined preferences interact in markets that (eventually) clear. An empirical result qualifies as an anomaly if it i~ difficult to "rationalize" or if implausible assumptions are necessary to explain it within the paradigm. Suggestions for future topics should be sent to Richard Thaler, c/oJournal of Economic Perspectives, Graduate School of Business, University of Chicago, Chicago, IL 60637, or ([email protected]).
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