4 ms·
That is assuming everyone is moved by money and everything works in perfectly rational way. The problem is - humans are irrational.
by thisisit 8y ago
That is assuming everyone is moved by money and everything works in perfectly rational way. The problem is - humans are irrational.
- pas 8y agoNo, that's a very bad model. Humans have a hidden utility function and they maximize that. (See also bounded rationality, weak revealed preference axiom for market modeling.)