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Neoclassical economic theory rules out systematic errors in consumption choice. According to the basic view …
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Neoclassical economic theory rules out systematic errors in consumption choice. According to the basic view …
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The paper studies a major human activity - that of watching TV - where many individuals have incomplete control over, and foresight into, their own behavior. As a consequence, they watch more TV than they consider optimal for themselves and their well-being is lower than what could be achieved....
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Neoclassical economic theory rules out systematic errors in consumption choice. According to the basic view …
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