Thaler suggests that biases, heuristics, and framing effects routinely plague investor decision-making. Give a real-life example in securities analysis, macroeconomic forecasting, and capital budgeting, respectively. How does Thaler support the contention of Shiller (1987)? Perhaps more specifically, what element does Thaler and/or Lakonishok, Shleifer, and Vishny (1995) add to the finance discussion? Express why you agree or disagree with these latter authors.