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Behavioral assumption





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  • Inbehavioral economics, the behavioral assumption is that, under their resource constraints, humans are rational actors – they will attempt to maximize their utilities, thereby generating the greatest profit and outcomes.[1]

    The two most important characteristics of the human under the behavioral assumption are rationality and self-interest.

    References

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    1. ^ Moffatt, Mike (December 28, 2018). "What Are the Underlying Behavioral Assumptions of Economics?". ThoughtCo. Retrieved 2019-07-20.


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  • Retrieved from "https://en.wikipedia.org/w/index.php?title=Behavioral_assumption&oldid=1182840785"
     



    Last edited on 31 October 2023, at 18:03  





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    This page was last edited on 31 October 2023, at 18:03 (UTC).

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