4 ms·

I think you may have a confused definition of what it means to be a rational actor. Being rational means making the optimal decision given the information avail

I think you may have a confused definition of what it means to be a rational actor. Being rational means making the optimal decision given the information available

johnwheeler 5y ago
No, you're confused. See https://en.wikipedia.org/wiki/Bounded_rationality https://en.wikipedia.org/wiki/Bounded_rationality