How have those assumptions been refuted by emerging field

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The questions you need to answer (ONLY according to the readings and videos I give):

Question: Why does neoclassical economics rely so heavily on underlying assumptions of human behavior and how have those assumptions been refuted by the emerging field of behavioral economics? Give an example from your personal experience of how you violated one of the central assumptions of neoclassical economics and explain how and why.

 

Reference no: EM133503619

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