Problem
Behavioral economists have different views of the anomalies uncovered by experiments. Some view the anomalies as evidence of mistakes in decision making. Others view the anomalies as providing a new understanding of people's true preferences. What difference does it make for policy which theory is right? How could the theories be tested apart using experiments?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.