Sarang Shah on Nostr: Some musings from sitting in on econ theory this term. My neophyte interpretation ...
Some musings from sitting in on econ theory this term.
My neophyte interpretation behavioral econ: it's developing a "potential energy" term to the standard utility formulation of economics consisting of an unobserved quantity composed via some theory of observables, but instead posits it as a "coordinate change" than a utility modification
My neophyte interpretation behavioral econ: it's developing a "potential energy" term to the standard utility formulation of economics consisting of an unobserved quantity composed via some theory of observables, but instead posits it as a "coordinate change" than a utility modification