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Daniel Kahneman - There's a very good reason for why...

There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave. (Daniel Kahneman)

There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.

Daniel Kahneman

Related topics

analysis assumption economics exploit good people reason way

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