Describe the difference among rational, procedural rational and behavioral models of economic decisions.

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Introduction to Behavioral Economics

ISBN: 978-0470596227

1st edition

Authors: David R. Just

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Question Posted: May 24, 2016 06:48 AM

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Describe the difference among rational, procedural rational and behavioral models of economic decisions.

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The rational model supposes that all decisions result from the expression of complete and transitive ...View the full answer

Introduction to Behavioral Economics

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