Solved

The Study of How People Make Decisions When the Outcome

Question 121

Multiple Choice

The study of how people make decisions when the outcome is uncertain, and the departures from optimal or "rational" choice that sometimes result is known as:


A) probability theory.
B) mental accounting.
C) behavioural economics.
D) bounded rationality.
E) the uncertainty principle.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions