3 ms·
I think that my original comment wasn't specific enough and that we are in agreement. I do see it as a 'low order correction' but one that will (and has already
by hellameta 11y ago
I think that my original comment wasn't specific enough and that we are in agreement. I do see it as a 'low order correction' but one that will (and has already) added a lot to the field.
Richard Thaler puts it much better than me when he roughly says that the best economics work in the last decade is by classic economists doing good empirical work. Which, at least in my understanding, is the real 'gift' of the 'behavioral' approach.