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Suppose now that the donut-eating agent exhibits the following choices: C ( { 1 , 2 } ) = { 1 } and C (

Suppose now that the donut-eating agent exhibits the following choices: C({1, 2}) = {1} and C({1, 2, 3}) = {2}.

Can these choices be explained by (i) Utility maximization? (ii) satisficing? (iii) motivated reasoning?

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