Rational Behaviour - Explaining Bounded Rationality and Bounded Self-control

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Behavioural economics looks for examples of people making decisions in ways which deviate from those predicted by the rational choice model of economics. Here is a short video exploring the difference between bounded rationality and bounded self control.

#economics #rationality #behaviouraleconomics
  1. tutor2u
  2. behavioural economics
  3. bounded rationality
  4. bounded self control
  5. rational choice
  6. rational decision-making
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This video helped. Thank You. Will watch more of your videos

muhaammad