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Explaining Bounded Rationality and Bounded Self-control

AS, A-Level, IB
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 4 May 2019

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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