For weeks after he was laid off, Clinton Cole would rise at the usual time, shower, shave, don one of his Jos. A. Bank suits and head out the door of his Vienna home -- to a job that no longer existed.
...the cognitive psychologists, and behavioral economists, tended to have the same perspective of the economics profession: When subjects got it "wrong", they were being "irrational", and we should not question the theory or our interpretation of it.
Some have naively defined behavioral economics as the search for results contrary to standard models. [As] I see it...its successes represent potential extensions of reformulated standard models.