For questions about the effects of psychology on the production, distribution, and consumption of goods and services in large populations. For questions about small groups or individuals, consider the tag consumer-psychology.

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What are popular rationalist responses to Tversky & Shafir?

In the early 90s Tversky & Shafir observed several violations of rationality in human participants, in particular violation of the disjunction effect and sure-thing principle. This has lead to ...