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Consider Mackenzie's choice of what class to take at 10:00 AM on Mondays and Wednesdays, after she has already determined the rest of her schedule.
Consider Mackenzie's choice of what class to take at 10:00 AM on Mondays and Wednesdays, after she has already determined the rest of her schedule. The set of classes that might be available to her is
X={Econ 441,Econ 452,PPE 300,Math 215,EECS 280}.
Assume that Mackenzie is not indifferent between any two classes.
- a)Could Mackenzie be rational if we observe her make the following choices:
- Econ 452 if offered a menu of{Econ 452,PPE 300},
- PPE300 if offered a menu of{Econ452,PPE300,Math215}?
- Explain why or why not.
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