ROMANTICISM AND THE EMOTIONS
Recently, economic theory has had to deal with the growing recognition that rational choice theory is impotent because, as it turns out, investors make choices based on emotion. The results are no surprise, although an increasingly interconnected, global economy makes us feel the effects in unanticipated ways. The decisions of a stockbroker battling depression, having fought with his kids while dropping them off to school en route to his downtown office to advise clients on billion-dollar transactions, can trickle down onto markets and populations around the world. Sadly, sometimes a hunch is just a hunch, and, like it or not, emotions are an essential part of human experience: difficult to manage, impossible to ignore.
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نقد و بررسیها
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