Question: 3-step algorithm for solving problems and rational decision-making model for making sound decisions 1. explain the usefulness of both from an economists point of view

3-step algorithm for solving problems and rational decision-making model for making sound decisions

1. explain the usefulness of both from an economists point of view

2. choose one and explain some (at least 3) of its specific limitations from a behavioral economists points of view

3. offer 2 approaches, beyond sleep, food, and exercise, that one can use to help overcome these limitations.

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