“Intervening variables are essential to psychological analysis because without them our description of economic behavior would remain incomplete, our understanding of behavior limited, and our predictions of future behavior incorrect.”

— George Katona

George Katona (1951). Psychological Analysis of Economic Behavior. McGraw-Hill, New York. p. 31

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George Katona 4

American psychologist 1901–1981

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“Intervening variables are essential to psychological analysis because without them our description of economic behavior would remain incomplete, our understanding of behavior limited, and our predictions of future behavior incorrect.”

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