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Gnesinka [82]
3 years ago
11

Why does it take just a few people to act rationally for the standard model to hold?

Social Studies
1 answer:
Artyom0805 [142]3 years ago
3 0
Only a few people act rationally for the standard model to hold. One good example to explain it is if some money is left on the table, the few people<span> who act rationally (selfishly) will definitely take advantage of the irrationality of other people. Hence, they will take the money that's on the table.</span><span> </span>
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