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EPISODE · Aug 29, 2012 · 1 MIN

Rational Choice Theory

from 60-Second Adventures in Economics - for iPad/Mac/PC · host The Open University

Without a belief in rational behaviour, it’s hard to design an economic policy with predictable results. In practice, people's errors or misinformed choices can frustrate policy design.

What this episode covers

Without a belief in rational behaviour, it’s hard to design an economic policy with predictable results. In practice, people's errors or misinformed choices can frustrate policy design.

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Rational Choice Theory

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Frequently Asked Questions

How long is this episode of 60-Second Adventures in Economics - for iPad/Mac/PC?

This episode is 1 minute long.

When was this 60-Second Adventures in Economics - for iPad/Mac/PC episode published?

This episode was published on August 29, 2012.

What is this episode about?

Without a belief in rational behaviour, it’s hard to design an economic policy with predictable results. In practice, people's errors or misinformed choices can frustrate policy design.

Can I download this 60-Second Adventures in Economics - for iPad/Mac/PC episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
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