Behavioral assumption
From Wikipedia, the free encyclopedia
Page Module:Message box/ambox.css has no content.
This article relies largely or entirely on a single source. (November 2020) |
In behavioral 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.[citation needed]
References
Page Template:Reflist/styles.css has no content.
- ^ Page Module:Citation/CS1/styles.css has no content.Moffatt, Mike (December 28, 2018). "What Are the Underlying Behavioral Assumptions of Economics?". ThoughtCo. Retrieved 2019-07-20.
