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What is rational behavior?

Isabella Cook | 2023-06-05 16:37:59 | page views：1435
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Scarlett Patel

Works at HealthPro Consulting, Lives in Mumbai, India.
A rational behavior decision-making process is based on making choices that result in the most optimal level of benefit or utility for the individual. Most conventional economic theories are created and used under the assumption all individuals taking part in an action/activity are behaving rationally.
2023-06-08 16:37:59
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Isabella Gonzales

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A rational behavior decision-making process is based on making choices that result in the most optimal level of benefit or utility for the individual. Most conventional economic theories are created and used under the assumption all individuals taking part in an action/activity are behaving rationally.
Rational Behavior - Investopedia
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