1. If Haris declines to invest in the project, even though it has a net positive return, because he claims that the initial outlay of cash would reduce his current level of consumption, is his...

1. If Haris declines to invest in the project, even though it has a net positive return, because he claims that the initial outlay of cash would reduce his current level of consumption, is his decision rational?

2. What can the EMH and behaviorists say about the internet bubble of the late 1990s and the subsequent stock market crash?