Jose is rational if he
A) does not intentionally make decisions that would leave him worse off.
B) never makes a mistake in his life.
C) only responds to rewards that involve money.
D) always uses a model or mathematical formula to help him make a decision.

Question

Quizplus · Accepted Answer

Rationality is about making decisions that are in one's own best interest, or at least not intentionally making decisions that would leave one worse off. Being rational does not require never making a mistake, always responding to money, or relying solely on models or mathematical formulas.

Jose Is Rational If He