One Reason Why the Rational Choice Model Doesn't Fit Reality

question 37

Multiple Choice

One reason why the rational choice model doesn't fit reality is that it focuses on logical thinking and completely ignores:

• A) Emotions
• B) Alternatives
• C) Evaluation of solutions
• D) Subjective expected utility

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Definitions:

Independent Events

Events in probability where the outcome of one event does not affect the outcome of another.

Driving Test

An examination that assesses a person's ability to operate and maneuver a vehicle safely and according to the laws of the road.

Probability

The measure of the likelihood that an event will occur; expressed as a number between 0 and 1.

Random

Lacking any definite plan or order or purpose; governed by or depending on chance.