If you simply announce that things are irrational, then that alone doesn't get you very far. You have to replace rational agents with some concrete notion of what it means to be irrational. — Lars Peter Hansen Copy Share Image
If you simply announce that things are irrational, then that alone doesn't get you very far. You have to replace rational agents with some… — Lars Peter Hansen Copy Share Image
I think the understanding of the role of markets has really helped advance the values of entrepreneurship. Its helped shape public policy discussions in… — Lars Peter Hansen Copy Share Image
I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics… — Lars Peter Hansen Copy Share Image
I think the understanding of the role of markets has really helped advance the values of entrepreneurship. It's helped shape public policy discussions in… — Lars Peter Hansen Copy Share Image
Early on, in discussions of financial oversight, people would say, 'Well, this is a very complicated problem, therefore it requires a complicated solution.' And… — Lars Peter Hansen Copy Share Image
A lot of my colleagues have been people with broad interests in economics, not just narrowly focused interests. — Lars Peter Hansen Copy Share Image
It's kind of a funny way to put it, but if you want to study a dynamic economic system, what you'd like to be… — Lars Peter Hansen Copy Share Image
I view the work I've done related to statistics and economics as, roughly speaking, how to do something without having to do everything. — Lars Peter Hansen Copy Share Image
There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my… — Lars Peter Hansen Copy Share Image
