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  1. Vor einem Tag · Mynydd Carningli oder kurz: Carningli (auch als “Carn Ingli” geschrieben) ist ein 346 Meter – oder 347 Meter, je nachdem, welchen Quellen man Glauben schenkt – hoher Berg am östlichen Ende der Preseli-Berge, der trotz seiner vergleichsweise niedrigen Höhe die Landschaft um Newport in Pembrokeshire, wo der Fluss Nevern ins Meer mündet ...

  2. Vor 4 Tagen · History of Behavioral Economics. 1. Historical Background: Notable figures in the study of behavioral economics, including Nobel laureates like Herbert Simon in 1978, Gary Becker in 1992, George Akerlof in 2001, Daniel Kahneman in 2002, and Richard H. Thaler in 2017, have significantly contributed to our understanding of human decision-making processes.

  3. Vor 2 Stunden · With Akerlof’s terminology, some insurance buyers are considered low-risk peaches, whereas others are high-risk lemons. In some cases, insurance buyers know (to some extent) whether they are lemons or peaches. If the insurance company could tell the difference between lemons and peaches, it would have to charge peaches a premium related to the risk of the peaches and lemons a premium related ...

  4. Vor 5 Tagen · Behaviour and psychology were missing elements in the macroeconomists' analysis of conditions, which caused them to miss calling the Global Financial Crisis as admitted by George Akerlof and Robert Shiller in their book “Animal Spirits”. The book highlighted the failures of quantitative macro models and frameworks to predict and forecast impending financial crises.

  5. Vor 4 Tagen · George Akerlof e Robert Shiller, acadêmicos renomados e recebedores do prêmio Nobel de Economia (2001 e 2013, respectivamente), se debruçaram sobre esse lado sombrio do “homo economicus” e suas implicações. O ponto de partida são dois pilares da teoria econômica moderna: a Teoria das Expectativas Racionais (os indivíduos sabem sempre tomar a decisão que traz mais benefícios) e a ...

  6. Vor 2 Tagen · In their recently published paper, Chater and Loewenstein critically elaborate on the differences between interventions that focus on individual behavior (‘i-frame’), as opposed to the systems ...

  7. Vor einem Tag · See George A. Akerlof, The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism, QJE, Vol. 84, No. 3 (1970) at 490 (Given asymmetrical information, “[i]t has been seen that the good cars may be driven out of the market by the lemons. But in a more continuous case with different grades of goods, even worse pathologies can exist. For it is quite possible to have the bad ...