Begin by examining “rational choice” models of decision making from traditional economics, which assume consistent, foresighted, and self-interested decision makers. Then consider how this concept fails to explain many human decisions that appear counterintuitive or paradoxical. Identify two fundamental limitations that challenge our decision-making process.
4% done; Finished Lecture 1
Fairly facile introduction from my perspective. Didn’t learn anything new here.
Fairly facile introduction from my perspective. Didn’t learn anything new here.