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Which Models Can We Trust to Evaluate Consumer Decision Making? Comment on “Choice Inconsistencies among the Elderly”

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NBER2015-07-01 更新2025-01-04 收录
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Neoclassical and psychological models of consumer behavior often make divergent predictions for the welfare effects of paternalistic policies, leaving wide scope for researchers choice of a model to influence their policy conclusions. We develop a framework to reduce this model uncertainty and apply

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2015-07-01
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