In traditional economic models, homo economicus is assumed to be all of the following EXCEPT:
A)highly disciplined.
B)altruistic.
C)well-informed.
D)cognitively sophisticated.

Question

Quizplus · Accepted Answer

In traditional economic models, homo economicus is narrowly self-interested, well-informed, highly disciplined and sufficiently cognitively capable to solve optimization problems.

In Traditional Economic Models, Homo Economicus Is Assumed to Be