If you simply announce that things are irrational, then that alone doesnt get you very far. You have to replace rational agents with some concrete notion of what it means to be irrational. (Lars Peter Hansen)

If you simply announce that things are irrational, then that alone doesnt get you very far. You have to replace rational agents with some concrete notion of what it means to be irrational.

Lars Peter Hansen

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concrete far irrational notion rational means things

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