Dostoevsky as he gambles away every penny he makes...'Roulette is rational for you may win, and you can then continue to gamble.'
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I told my son, who has a degree in Psychology, that economists assume people are rational, and he laughed for at least 10 minutes, then said people are maybe 15% rational, on a really good day. So...back to the egg everybody!
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Economics was a mistake
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Economic rationality =/= conventional rationality. Economic rationality means preferences are complete & transitive. Transitivity can get wonky for choices under risk, but that’s why we have behavioral economics. There, now you understand economic rationality.
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No I don't.
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@enricviladv JAJAJAJAJA -
ua
#mood total hahahah
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