In his new book “Misbehaving: The Making of Behavioural Economics”, Richard Thaler uses a different term: econs. He writes that “compared to this fictional worl

In his new book “Misbehaving: The Making of Behavioural Economics”, Richard Thaler uses a different term: econs. He writes that “compared to this fictional world of econs, humans do a lot of misbehaving, and that means that economic models make a lot of bad predictions.” I wonder if he's been reading "Life among The Econ" by Axel Leijonhufvud. http://www.econ.ucla.edu/alleras/teaching/life_among_the_econs_leijonhufvud_1973.pdf http://www.econ.ucla.edu/alleras/teaching/life_among_the_eco...