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Behavioral economists contend that the traditional economic framework always accurately depicts human behavior. a. True b. False

User Knite
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5 votes

Answer:

False

Step-by-step explanation:

In simple words, Behavioral economics assume they have defined human actions as logical, constant self, and logically consistent which is inconsistent with the paradigm of individuals as mentioned in theories of traditional economics. Thus, from the above we can conclude that the given statement is incorrect.

User RSHAP
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