Optical illusions in behavioral economics

Optical illusions have been a part of our day-to-day experiences from times immemorial. Once people understood the science behind illusions, a lot of experimentation was done in the form of paintings and other visual arts.
Optical illusion occurs when eyes conflict with the images what brain sees. There are different ways of creating the optical illusion.
Optical illusions, one of mankind’s gifts to us, dates back to the 5th century B.C. It was a time of discovery where the surroundings where still viewed as a mystery, waiting to be solved. One mystery was of the unexplainable optical illusions that existed during that time. Epicharmus, a Greek philosopher, was the first one to provide an answer for it.
• Optical illusions, one of mankind’s gifts to us, dates back to the 5th century B.C. It was a time of discovery where the surroundings where still viewed as a mystery, waiting to be solved. One mystery was of the unexplainable optical illusions that existed during that time. Epicharmus, a Greek philosopher, was the first one to provide an answer for it.
Epicharmus explained how our sensory organs are responsible for the deception, which caused people to see more than just an ordinary picture. Later, Protagoras, another Greek philosopher, drew his own conclusions, coming up with an entirely new reasoning on the matter. Protagoras blamed the environment for the distorted view and not the senses.
Protagoras
With two starkly different views deduced by that century’s most acclaimed philosophers, people did not know whose explanation to believe. Now, it was up to Aristotle, a notable Greek philosopher, to assess both deductions and decide on the most plausible answer.
Aristotle’s View of the Different Theories
However, Aristotle was just as confused as everyone else, as he believed that both philosophers were right, but to a certain degree. He agreed with Protagoras’s assumption that...

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