Quote by: Evan Davis

Personally, I don't see old economics and behavioural economics as opposed. It is useful to assume people are rational as a good approximation to their long term behaviour, but it would be unwise not to think how in practice their behaviour may deviate from that simplifying assumption.


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Author Bio


  • NameEvan Davis
  • DescriptionBritish economist, journalist and presenter
  • BornApril 8, 1962
  • CountryUnited Kingdom
  • ProfessionJournalist; Economist