Question: Behavioral economists put significant emphasis on using models to Multiple Cholce predict decisions and also to understand how those decisions are made. understand people's actions,
Behavioral economists put significant emphasis on using models to
Multiple Cholce
predict decisions and also to understand how those decisions are made.
understand people's actions, but not what drives people to act in certain ways.
predict decisions, but not so much to understand how those decisions are made.
understand decision processes, but not the prediction of the decision itself.
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