Research in behavioral economics over the past few decades has shown that people’s decisions often deviate from those of “homo-economicus,” the selfish rational agent who is the hero of most economic theory textbooks. These deviations (also known as “decision biases”) often lead to suboptimal outcomes in the individual and the societal levels and have become […]The post The Origins of Economic Decision Biases and How They May Relate to The 2017 Bitcoin Bubble appeared first on CryptoPotato.
