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How Mindless Is Standard Economics Really?

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Author Info
Schipper, Burkhard C. (University of California, Davis)
Abstract

Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is "incomplete". That is, it has content that can not be revealed with any general choice procedure.

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File URL: http://www.econ.ucdavis.edu/working_papers/09-17.pdf
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Paper provided by University of California at Davis, Department of Economics in its series Working Papers with number 09-17.

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Date of creation: Oct 2009
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Handle: RePEc:ecl:ucdeco:09-17

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This page was last updated on 2009-11-5.

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