____________ is the model of human behavior that suggests that humans try to make rational decisions but are bounded due to cognitive limitations.

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asked Mar 11, 2021 103k views

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Amos · Answer 1 · 2021-03-16T23:09:17+0000

Answer:

The rational choice theory

Step-by-step explanation:

The rational choice theory, mostly applied to microeconomics, is a human decision model that explains that individual actions are made considering a personal preference and self-interests, even if they are explained in a rational way.

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____________ is the model of human behavior that suggests that humans try to make rational decisions but are bounded due to cognitive limitations.

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