________ rationality focuses on how people make independent decisions.
A) Game theoretic
B) Probabilistic
C) Virtual
D) Individual

Question

Quizplus · Accepted Answer

Individual rationality focuses on how an individual makes independent decisions based on their own preferences, beliefs, and available information. Game theoretic rationality looks at how individuals make decisions based on the actions and decisions of other individuals, probabilistic rationality takes into account uncertainty and probabilities in decision-making, and virtual rationality involves decision-making in virtual environments. However, none of these options focus solely on how individuals make independent decisions.

________ Rationality Focuses on How People Make Independent Decisions