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// Workers AI · dad joke modeWhat did the behavioral assumption say? "I'm acting on it.

From Wikipedia, the free encyclopedia

In behavioral economics, the behavioral assumption is that, under their resource constraints, humans are rational actors – they will attempt to maximize their utilities, thereby generating the greatest profit and outcomes.[1]

The two most important characteristics of the human under the behavioral assumption are rationality and self-interest.[citation needed]

References

[edit]
  1. Moffatt, Mike (December 28, 2018). "What Are the Underlying Behavioral Assumptions of Economics?". ThoughtCo. Retrieved 2019-07-20.