EPISODE · Aug 9, 2017 · 1H
"Rationality after Behavioral Economics" with Mario Rizzo
In a world of uncertainty, how does a hierarchical application of rules facilitate decision making? On this episode of the Hayek Program Podcast, Mario Rizzo explains how the recognition of environmental structure and human limitations lead us to a broader concept of rationality in comparison to the standard neoclassical view. CC Music: Twisterium.
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"Rationality after Behavioral Economics" with Mario Rizzo
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