Anxiety and rationality: Allais paradox, procrastination, Keynesian expectations, and other anxiety-based deviations from rationality
Abstract This paper proposes that there is a set of behavioral deviations from standard rational choices that differs from the rest of the deviations. This set is characterized by anxiety-based choices that are truly non-rational, whereas the rest consists of deviations that are actually rational on...
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| Format: | Article |
| Language: | English |
| Published: |
Springer Nature
2025-07-01
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| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-025-05552-x |
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