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Robert Hofstadter, an influential American economist, is celebrated for his pioneering work in behavioral economics. His research bridges the gap between economics and psychology, offering insights into human decision-making. Hofstadter's innovative theories have had a lasting impact on economic policies and practices globally, earning him numerous accolades and recognition within the academic community.
"Not only has this subject been long associated with the ideas of thinking men over the ages but its practical importance is attested to by the huge resources of men and material thrown into this type of work."
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