Discuss some of the main differences between neo-classical and behavioral economic theory (include practical applications and examples to highlight difference).

1. Some of the main differences between neo-classical and behavioral economic theory (include practical applications and examples to highlight difference).2. Leading figures in the school of thought and their hypotheses, theories, works and awards (particularly the nobel prize).3. The current state of behavioral economics within the realm of mainstream economic teaching (is it a fringe element or part of standard teaching).