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More or Less — Richard Thaler and The Winner’s Curse
Scout ratingSCOUT· 30%8m·2025-11-29·Arts Culture

Richard Thaler and The Winner’s Curse

More or Less

In the later part of the 20th century, a pioneering group of economists started shaking up their academic field. These “behavioural economists” used findings from experimental psychology and everyday life to challenge the prevailing view that human beings were rational decision makers – acting in predictable ways to…

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