3 ms·
Humans are not homo economicus.
by nazgulnarsil 13y ago
Humans are not homo economicus.
- gbog 13y agoSure and that's why they are easy to beat. How many industries would not even exist if human were rational? And again, the most rational ones have less loss aversion, take more pondered risks, invest in what has real value (education) and usually win the game in the end.