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by bluecheese33 1687 days ago
Noted, but they still are pretty accepted in mainstream economics (nobel prize in economics in 2002).

Also of course, they're not the only ones doing behavioral economics [1]:

> Imperfect information is core to modern econ; theories showing how imperfect information can cause markets to break down received a Nobel 20 years ago. Perfect rationality has been successfully challenged by behavioral economics for decades, and received Nobels in 2002, 2013, and 2017.

[1] https://noahpinion.substack.com/p/this-years-econ-critics-ma... (includes links)

1 comments

Definitely, but it amused me that psychologists keep winning the economics nobel :)
It might say more about economics than it does about psychology :)