For the past 2,500 years,scholars in most western countries have mainly followed the ______ model of decision making.
A) implicit favorite
B) bounded rationality
C) rational choice
D) prospect theory
E) programmed decision

Question

Quizplus · Accepted Answer

The rational choice model of decision making has been widely followed in Western countries for the past 2,500 years. This model assumes that individuals make decisions that are logical and consistent, based on a careful analysis of all available information and options. This model is also known as the classical model of decision making.

For the Past 2,500 Years,scholars in Most Western Countries Have