Imperfectly rational choice: Rationality as the result of a costly activity
In identifying characteristics of people and of their choices that determine their degree of rationality — the nature and incidence of imperfect rationality — this paper suggests that there are often observable criteria by which to judge the applicability of the rational choice model to a particular...
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Veröffentlicht in: | Journal of economic behavior & organization 1989-08, Vol.12 (1), p.67-86 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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