psychology and economics

  title={psychology and economics},
  author={Charles R. Plott},
Several developments have joined to stimulate economists to think about issues that have been on the forefront of psychological research. Firstly, the information revolution in economics has focused economists on the subtle nature of individual information processing. Secondly, developments in game theory have so successfully identified new solution concepts that for almost any pattern of market behaviour there exists a reasonable theory consistent with that pattern. Introspection, a few… 

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