2min chapter

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"...Ridiculous" Ep. 3: Children of Unlikely Parents

Opinion Science

CHAPTER

Inception of a New Movement in Behavioral Economics and Psychology

This chapter delves into the establishment of a pivotal summer institute in behavioral economics funded by the Russell Sage Foundation in 1994, spearheaded by Thaler, Cameron, and Kahneman. It explores the deliberate participant selection process blending psychology and economics, and the profound influence of the institute on shaping the future of the field.

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