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Book abstract: At a time of immensely consequential choices, it has never been more important to make the right decisions. But how can we be sure we are not making fatal mistakes? How can we make sure we can trust the tools, models, and methods we use to make our decisions? The Irrational Economist aims to shed light on some important developments in decision making that have occurred in economics and other social sciences over the past few decades, including some of the most recent discoveries.


Kousky, Carolyn, John Pratt, and Richard Zeckhauser. Virgin Versus Experienced Risks. The Irrational Economist: Making Decisions in a Dangerous World. Ed. Erwann Michel-Kerjan and Paul Slovic. Public Affairs, 2010, 99-106.