“The good news is that, at least in economics, I've seen movement away from its overemphasis on mathematical models of purely rational behavior to a more eclectic and commonsense approach: research that is, among other things, more respectful of insights from psychology.” PsychologyMovementBehaviorApproachNewsModelsResearchEconomicsInsightRationalMathematicalGood NewsRespectfulEclecticMathematical Models Author:Robert J. Shiller
“My clinical psychologist wife of 40 years has always had a close intellectual influence on me. When I was beginning to talk openly in the economics profession about irrationality in decision-making, I received a lot of criticism. Ginny would support my views and remind me that a whole other profession - psychology - studies people's irrational sides.” PeopleYearsWholeSidesDecisionViewsSupportStudyPsychologyWifeInfluenceIntellectualEconomicsCriticismProfessionDecision MakingIrrationalPsychologistIrrationalityClinicalsClinical Psychologists Author:Robert J. Shiller
“Economics is (now) about emotion and psychology.” ChallengesEmotionPsychologyInspireEconomicsProvoking Author:Robert J. Shiller
