Neoclassical economics assumes the following as major motivators of decisions and actions, except:

A. Utility maximization
B. Loss minimization
C. Sense of fairness
D. Self-interest

C. Sense of fairness

Economics

You might also like to view...

Checks ________ money and checking deposits ________ money

A) are; are B) are; are not C) are not; are D) are not; are not

Economics

When we study choice architecture, we recognize that people make:

A. choices which always maximize their well-being. B. mistakes in seemingly random ways. C. mistakes in common and predictable ways. D. choices that rarely maximize their well-being.

Economics