Danger strikes when foolish humans are left in charge of their financial futures

Richard Fairchild

Danger strikes when foolish humans are left in charge of their financial futures

Research output: Contribution to specialist publication › Article

Abstract

Much standard economics research is based on the “homo economicus” decision-maker. This is an entirely rational being. An unbiased, unemotional, non-psychological maximiser of the expected usefulness of things and events. Furthermore, this perfect decision-maker is far-sighted, and has complete self-control.

Original language	English
Specialist publication	The Conversation
Publication status	Published - 30 Jul 2015

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https://theconversation.com/danger-strikes-when-foolish-humans-are-left-in-charge-of-their-financial-futures-45262Licence: CC BY-ND

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Danger strikes when foolish humans are left in charge of their financial futures

Abstract

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