>Mainstream economics is also value free.
In that case, I don't want to hear any more trite about curbing irrational decision making from mainsteam economists.
>d) This seems like a bit of a cop out to me. It's too hard to model human behaviour, so there's no point in even trying? Instead, we'll just make shit up.
"making shit up" is exactly what mainsteam economists are doing through the use of their pathetically incomplete models of human behavior.
It would be worth your time to to some serious reading on complex problem solving. http://www.amazon.com/How-Solve-Heuristics-Zbigniew-Michalewicz/dp/3540660615