Money Illusion: Reconsidered in the Light of Cognitive Science
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DOI: 10.1556/032.2019.69.2.3
Abstract: A basic principle of economics is that people always prefer a larger set of opportunities. Money illusion can be considered as the phenomenon when people may not correctly perceive their budget constraints, and may act… read more here.
Keywords: illusion reconsidered; reconsidered light; money; economics ... See more keywords