In Traditional Economic Models, Homo Economicus Refers to a Decision

Multiple Choice

In traditional economic models, homo economicus refers to a decision maker who:

A) is narrowly self-interested, well-informed, highly disciplined, and cognitively capable enough to solve optimization problems.
B) searches for relevant facts in a potentially haphazard way and who quits once his or her understanding has reached a certain threshold.
C) makes frequent departures from rational choice and instead relies upon judgmental heuristics, or rules of thumb, to guide decisions.
D) lacks impulse control and, as a result, may experience regret.