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== Response to criticism == In advanced-level theoretical economics, scholars have modified models enough to more realistically depict real-life decision-making. For example, models of individual behavior under [[bounded rationality]] and of people suffering from [[envy]] can be found in the literature.<ref>Geoffrey Brennan: "[http://search.barnesandnoble.com/Culture-Social-Norms-and-Economics/Mark-Casson/e/9781858986173 Pareto Desirable Redistribution: The case of Malice and Envy]" in: ''Culture, Social Norms and Economics'' (1997)</ref>
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