AshWai9677 AshWai9677
  • 17-11-2017
  • Business
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What is the difference between classical economics and behavioral economics?

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Kalahira
Kalahira Kalahira
  • 27-11-2017
Classical economics stresses that people are rational creatures who seek to maximize utility/increase possible benefit. But behavioral economics stresses that humans are irrational in a predictable way, dependent on context.
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