Neoclassical and behavioral economics are generally viewed as complementary.
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Q9: Neoclassical theory suggests that to the extent
Q10: Heuristics generally help people to make decisions
Q11: Between System 1 and System 2 in
Q12: Heuristics generally operate in brain System 2.
Q13: Behavioral economists believe that while people try
Q15: Behavioral economics observes that people generally do
Q16: Behavioral economics recognizes that people frequently make
Q17: A key difference between neoclassical economics and
Q18: Heuristics generally help people make fewer errors
Q19: System 1 is the part of the
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