Behavioral economists believe in modifying the assumption that people are rational and follow their own self-interest.

Name: Behavioral economists believe in modifying the assumption that people are rational and follow their own self-interest.
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Behavioral economists argue that individuals often act irrationally and are influenced by cognitive biases, emotions, and social factors, which can lead them to make decisions that do not align with their self-interest.

Behavioral Economists Believe in Modifying the Assumption That People Are