Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/174995
Authors: 
Dhami, Sanjit
al-Nowaihi, Ali
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper 6872
Abstract: 
We examine the various senses in which economist use the term “rationality” and then outline some of the commonly drawn implications and auxiliary assumptions. Finally, we confront the implications with the empirical evidence, drawing on the insights from the exciting new field of behavioral economics.
Subjects: 
rationality
self-regarding preferences
efficient markets
heuristics
optimization
JEL: 
B40
Document Type: 
Working Paper

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