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Terence C. Burnham () and Jay Phelan ()
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Terence C. Burnham: Chapman University
Jay Phelan: UCLA

Journal of Bioeconomics, 2020, vol. 22, issue 1, No 1, 14 pages

Abstract: Abstract People who live in industrialized economies suffer from a mismatch between evolved human nature and the environment. This mismatch is the primary cause of many deleterious human behaviors. Neither of the two major schools of economic thought incorporate mismatch. Natural selection does not support the neoclassical economic assumption that people will solve novel problems easily and intuitively. Conversely, behavioral economics sets a low bar for itself in documenting failures to maximize.

Date: 2020
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DOI: 10.1007/s10818-020-09294-5

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