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

User Oleksandr Kravchuk
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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.

I hope you find this infromation useful and interesting! Good luck!

User Amos
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