3 ms·
There is a lot of research that tries to figure out how things actually work even if you assume irrational humans (or collectives). https://en.wikipedia.org/wi
by nickik 9y ago
There is a lot of research that tries to figure out how things actually work even if you assume irrational humans (or collectives).
https://en.wikipedia.org/wiki/Institutional_economics https://en.wikipedia.org/wiki/Institutional_economics
You can do the same thing with business. They are also not purely rational but the market causes those to die who are to irrational.