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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.

-Evan Davis

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Personally, I Don't See Old Economics And

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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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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