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Economics

Student Videos

Explaining Bounded Rationality and Bounded Self-control

Level:
AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

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.

Explaining bounded rationality and bounded self-control

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