ABSTRACT
In this chapter, we illustrate how some of the centuries-old puzzles in economic theory, as well as certain more recent puzzles which have arisen in experience, experiments and behavioural finance, are resolved in the new paradigm.
In this chapter, we illustrate how some of the centuries-old puzzles in economic theory, as well as certain more recent puzzles which have arisen in experience, experiments and behavioural finance, are resolved in the new paradigm.