mjmj4883 mjmj4883
  • 23-10-2017
  • Social Studies
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Which of these statements best fits how a behavioral economist might view a situation?

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W0lf93
W0lf93 W0lf93
  • 01-11-2017
A behavioral economist is of the mindset that people make errors, and that those errors happen repeatedly throughout time. This is a systematic form of error. A behavioral economist might think that people are driven to things that tempt them, and might argue that people can be reckless in that sense. They would view people as wanting products that vary and cannot easily be determined based on data.
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