Economists prefer to look at declared preferences (how they say they behave) rather than revealed preferences (how people actually behave).

Name: Economists prefer to look at declared preferences (how they say they behave) rather than revealed preferences (how people actually behave).
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Question

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Economists prefer to look at revealed preferences, which reflect people's actual behavior and choices, rather than relying solely on what people say they would do or prefer.

Economists Prefer to Look at Declared Preferences (How They Say