Look at the paper linked for more details ( https://arxiv.org/abs/1712.05812 ).
Basically “humans are always fully rational and always take the action they want to” is a full explanation of all of human behaviour, that is strictly simpler than any explanation which includes human biases and bounded rationality.
Look at the paper linked for more details ( https://arxiv.org/abs/1712.05812 ).
Basically “humans are always fully rational and always take the action they want to” is a full explanation of all of human behaviour, that is strictly simpler than any explanation which includes human biases and bounded rationality.