Afxentiou Shares Finance Expertise
The School of Management鈥檚 Diamando Afxentiou, Ph.D., provided expertise for two different moneygeek.com articles. The first is on and the second on understanding . 鈥淩ational Choice Theory assumes that individuals are rational, meaning that they make decisions based on self-interest and what makes them better off. Behavioral economics disputes that assumption because individuals often care for things beyond their own self-interest, like fairness and the environment,鈥� she explained. And in addressing the most important thing that individuals need to know about behavioral finance, she noted it attempts to explain marketing inefficiencies. 鈥淭he financial crisis of 2008 proved that markets are inefficient, and some government regulation is necessary.鈥�