Business Finance

Discussion: Is it rational to be rational?

Watch the following interview: Economics Nobel winner Thaler shed light on how real people behave. (Links to an external site.)Links to an external site.

Do you fall in line with the more traditional “Econs” believing that people are rational and that markets are efficient or do you fall more in line with behavioral economists and believe that markets may not be as efficient as once believed because people act in irrational ways? Please discuss why you fall where you do.

Important Note:

– Use own words ( No references , No Citation ) (Please make it simple and good at the same time).

– Find the attached file is a classmate initial post ( as an example and to make a respond to it as well ) ( Agree, Disagree,Like AND why ? ) 3-5 sentences ONLY.

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