Final answer:
Behavioral psychology, particularly within the context of behavioral economics, offers valuable insights into systematic behavior that traditional economics has deemed irrational, suggesting that there are deeper reasons for such behavior.
Step-by-step explanation:
When discussing which viewpoint is correct between behavioral economists' or the traditional view, it is important to consider that both have their respective advantages. Behavioral psychology and its application in economics, known as behavioral economics, has made significant contributions by shedding light on systematic behavior that was once hastily categorized as irrational. This field suggests that what appears to be 'irrational behavior' might have deeper, underlying reasons. By identifying these patterns and reasons, behavioral economics allows us to better understand and predict human behavior in the economic sphere, even when it deviates from traditional economic theories that assume rational decision-making.