When People Make Decisions That Go Against Their Own Interests

question 292

Multiple Choice

When people make decisions that go against their own interests, neoclassical economics explains this to be instances where people are

• A)intentionally not maximizing their net benefit.
• B)ignorant of what their best interests are.
• C)simply incapable of making rational decisions.
• D)behaving quite rationally.

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Definitions:

REM Sleep

A unique phase of sleep characterized by rapid eye movements, more dreaming, and bodily movement, and faster pulse and breathing.

Slow-Wave Sleep

A stage of sleep in the sleep cycle characterized by deep sleep, during which brain waves slow down significantly.

REM Sleep

A phase of sleep characterized by rapid eye movements, where dreaming and increased brain activity occur.

REM Rebound

The phenomenon of increased REM sleep after a period of REM sleep deprivation, often resulting in more vivid dreams.