Question

In: Economics

Give me two examples of observed behavior that neoclassical econ does NOT explain. For each: 1....

Give me two examples of observed behavior that neoclassical econ does NOT explain. For each:

1. What is the behavior?

2. How does it conflict with neoclassical econ?

3. How might behavioral econ explain it?

Each can be answered in one or two sentences.

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