Which of the following statements best reflects how a behavioral economist views individual decision making?
A) Alex makes wrong decisions sometimes, but usually it is only when he has been given bad information.
B) Kara carefully calculates and weighs the expected benefits and costs of every option before making a decision.
C) Alyssa may appear to care about others, but even her seemingly altruistic behaviors are really about furthering her own interests.
D) Balin tries to make good, well-thought-out decisions, but his desire for utility in the present means that he often gives in to costly temptations.
Correct Answer:
Verified
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