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considerations moves behavior toward traditional economic rationality in UG, PD, and DG. Despite entering the study with higher …
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Both behavioral and neoclassical economists maintain a concept of strict rationality that is exceptionally narrow … the technical virtues of strict, narrow rationality in providing a foundation for useful economics constructs, it is … completely inadequate as a prescriptive standard. The appropriate concept of rationality for evaluation purposes must be “liberal …
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considerations moves behavior toward traditional economic rationality in UG, PD, and DG. Despite entering the study with higher …
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neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
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neoclassical assumption of selfish utility maximization with bounded rationality and satisficing and by incorporating the reaction …
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