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Demonstrated Preferences as the Middle Ground Between Revealed Preferences and Modern Behaviorism

, 2020
Behavioral economics rejects the Samuelsonian concept of revealed preferences, which, in turn, is a cornerstone for the development of modern neoclassical micro theory.
Haibien Nguyen
semanticscholar   +1 more source

Equilibrium Analysis in the Behavioral Neoclassical Growth Model

, 2018
Rich behavioral biases, mistakes and limits on rational decision-making are often thought to make equilibrium analysis much more intractable. We show that this is not the case in the context of the neoclassical growth model (potentially incorporating ...
D. Acemoglu, M. K. Jensen
semanticscholar   +1 more source

Changing risk preferences while taking financial decisions

PANORAMA ECONÓMICO, 2019
With respect to the concept of risk preferences the Neoclassical Capital Market Theory assumes stable and homogeneous ones. On the contrary, the Behavioral Finance Theory supposes variable and heterogeneous preferences.
Michael Demmler, J. Jasso
semanticscholar   +1 more source

Dynamic preferences and the behavioral case against sin taxes

Constitutional Political Economy, 2021
C. Delmotte, M. Dold
semanticscholar   +1 more source

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