Traditionel Behavioral Economics and Its Applications by Peter Diamond & Hannu Vartiainen 0SNllB5s

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In the last decade behavioral economics borrowing from psychology and sociology to explain decisions inconsistent with traditional economics has revolutionized the way economists view the world. But despite this general success behavioral thinking has fundamentally transformed only one field of applied economicsfinance. Peter Diamond and Hannu Vartiainens Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In t