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Old 09-11-2007, 05:48 AM
NT! NT! is offline
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Default Re: The Tipping Point + Freakonomics re: crime

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Isn't it basically a footnote of economics that people often don't act rationally, but assuming rationality creates the most accurate predictive models?

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i'm not an expert on economics, so i won't dispute this claim... but when you exit the realm of economics and start looking at human behavior and psychology, assuming rationality is a serious error at times.

where crime falls on that spectrum is debatable.
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