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  • ECONOMIC LITERACY AND MONEY ILLUSION
    HELENA CHYTILOVA
    The concept of money illusion, a recently resurrected phenomenon of behavioral economics, is a real fact of economic life, the potential role of which should no longer be dismissed. Despite money illusion being utterly suppressed by mainstream economists, small deviations from rationality, together with trends in behavioral economics, alleviate the denial of money illusion indu...

    $1,200.00