When does myopic behaviour occur?
A)when actions improve budgetary performance in the shortrun but are harmful in the long run
B)when there is uncertainty
C)when there is focus on immediate costs
D)when actions improve budgetary performance in the distant time horizon

Question

Quizplus · Accepted Answer

Myopic behavior occurs when decisions are made to improve short-term performance at the expense of long-term outcomes, often ignoring future consequences.

When Does Myopic Behaviour Occur