Traditionally, economists have based their economic predictions on the assumption that humans are super-rational creatures, using the information we are given efficiently and generally making selfish decisions.
Each of us m.
Instead, our decisions are complicated by our own psychology.
The study of behavioral economics is revealing that our lives are not that simple.
Economists also assume that we\'re doing the Very best we can possibly do--not only for today, but over our whole lifetimes too.
Traditionally, economists have based their economic predictions on the assumption that humans are super-rational creatures, using the information we are given efficiently and generally making selfish decisions