The view that people should and typically do use logic and all available information to choose the alternative with the highest value is known as:
A)subjective expected utility maximization.
B)the rational choice paradigm.
C)bounded rationality.
D)decision making.
E)intuition.

Question

Quizplus · Accepted Answer

The view that people should and typically do use logic and all available information to choose the alternative with the highest value is known as the rational choice paradigm.

The View That People Should and Typically Do Use Logic