The ________ assumes that people choose efficient means to achieve their ends, but it regards goals as objects of choice that are subject to a similar efficiency requirement.
A) present aim standard of rationality
B) adaptive rationality standard
C) Weber-Fechner law
D) standard rational choice model
Correct Answer:
Verified
Q83: According to the adaptive rationality standard, one
Q84: Status quo bias is the:
A)general enthusiasm for
Q85: A game in which the first player
Q86: The general resistance to change, often stemming
Q87: When it comes to enacting policy changes,
Q89: Traditional economic models cannot explain why:
A)some people
Q90: The adaptive rationality standard:
A)assumes that people's goals
Q91: According to the adaptive rationality standard, individuals:
A)are
Q92: The _ accommodates a much broader range
Q93: One criticism of the present-aim standard of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents