Quote from: Good Topic

There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.


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Author Bio


  • NameDaniel Kahneman
  • DescriptionIsraeli-American psychologist
  • BornMarch 5, 1934
  • CountryIsrael; United States Of America
  • ProfessionPsychologist; Economist; University Professor; Scientist; Educationist