Richard Thaler and Alex Imas assert that behavioral anomalies like loss aversion, limited attention, and the endowment effect are present in real-world, consequential decisions, not just in laboratory settings.

Authors

• Person: Katy Milkman Organization: Substack
  What happens when behavioral economics grows up?

Sources

• What happens when behavioral economics grows up? katymilkman.substack.com Katy Milkman · Substack via serper

Referenced by nodes (1)

• Loss aversion concept