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383 bytes added ,  15:02, November 25, 2013
inadequate or faulty initial assumptions
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Studies of biases in psychology have shown that many principles assumed in economics are incorrect (Kahneman 2003) by illustrating that the notion of a free [[rational agent]] is idealistic.
 
Studies of biases in psychology have shown that many principles assumed in economics are incorrect (Kahneman 2003) by illustrating that the notion of a free [[rational agent]] is idealistic.
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*It is not always the most well-credentialed and experienced individual, who will correctly interpret confusing results or data.  The confusion likely results from inadequate or faulty initial assumptions, and the learning and experience behind the credentials make it hard for the “expert” to question those assumptions. [http://www.shearonforschools.com/learned_optimism.htm]
    
== Encyclopedias ==
 
== Encyclopedias ==
Siteadmin, Check users, nsTeam1RO, nsTeam1RW, nsTeam1_talkRO, nsTeam1_talkRW, oversight, Administrators
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