BOUNDED RATIONALITY | MACROECONOMICS | LEARN OIKONOMIA

Описание к видео BOUNDED RATIONALITY | MACROECONOMICS | LEARN OIKONOMIA

This video discusees BOUNDED RATIONALITY

Bounded rationality describes the way that humans make decisions that departs from perfect economic rationality, because our rationality is limited by our thinking capacity, the information that is available to us, and time. Instead of making the 'best' choices, we often make choices that are satisfactory.

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