Gattopardo Economics and the City

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Notes

1. It is also a 1963 movie starring Burt Lancaster and directed by Luchino Visconti.

2. Conversely, actions closely mirroring rationalist predictions might lead to catastrophic outcomes, like the GFC itself. Berg and Gigerenzer (2010, 148, 150) go so far as to relate that “no studies we are aware of show that deviators from rational choice earn less money, live shorter lives, or are less happy”, and that “inspite of hundreds of papers that purport to document various forms of “irrationality” …, there is almost no evidence that such deviations lead to economic costs”.