The Methodology of Neo-Austrian Economics and its Effect on Behavioral Finance
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Austrian economics is a very important branch in the history of economic thought, and its proposition has many differences with the mainstream economic theory. On the basis of the inherited of the traditional Austrian economics architects’ ideas, The Neo-Austrian Economics has put forward many profound insights of economics. In the context of human behaviour, this paper reviews the origin and methodology of Neo-Austrian school. And its effect on behavioural finance has been discussed.
Neo-Austrian school; the theory of human behaviour; behavioural finance