Examlex
Which scenario best illustrates the concept of migration?
Fully Rational
Describes an economic theory assumption that individuals always make decisions that provide them with the highest amount of personal satisfaction or utility, based on full knowledge and a consistent evaluation of available information.
Behavioral Biases
Psychological tendencies that cause individuals to act in predictably irrational ways, often impacting financial and investment decisions.
Irrational Investors
Investors who make financial decisions based on emotions or biases rather than on rational evaluation.
Arbitragers
Individuals or entities that attempt to profit from price differences of the same or similar financial instruments, on different markets or in different forms.
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