The Pure Economic Theories of Eggs

11 Pages Posted: 7 Feb 2017

See all articles by Yaniv Reingewertz

Yaniv Reingewertz

University of Haifa - Department of Political Science

Avichai Snir

Bar Ilan University - Department of Economics

Date Written: January 15, 2017

Abstract

Disclaimer: This paper is intended to be humorous and should therefore be taken seriously.

Is economic theory relevant for everyday life? While some would disagree, we present evidence to support this claim. Using an example from an everyday-life event, we show that economic theory is a valuable tool for decision making. However, different fields in economics provide different, and often conflicting, insights regarding optimal decision making. We discuss several branches of economics, including standard economic theory, behavioral economics, environmental economics, etc. Contrary to previous studies, we suggest that economic theory is too useful.

Keywords: Humor, Economic Theory

JEL Classification: Miscellaneous

Suggested Citation

Reingewertz, Yaniv and Snir, Avichai, The Pure Economic Theories of Eggs (January 15, 2017). Available at SSRN: https://ssrn.com/abstract=2899608

Yaniv Reingewertz (Contact Author)

University of Haifa - Department of Political Science ( email )

Haifa
Israel

Avichai Snir

Bar Ilan University - Department of Economics ( email )

Ramat-Gan, 52900
Israel
+972 3 736 0835 (Phone)
+972 3 535 3180 (Fax)

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