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It is fashionable to criticize economic theory for focusing too much on rationality and ignoring the imperfect and … economic men and women can be. Behavioral economics - an effort to incorporate psychological ideas into economics - has become … all the rage.This book by well-known economist David K. Levine questions the idea that behavioral economics is the answer …
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Based on economic ethics, this paper reflects on and aims to improve the semantics of responsibility. The traditional concept of responsibility is threatened with erosion when responsibility is attributed to an actor who is unable to exercise individual control over the outcome of his actions....
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