A Piece of Evidence Regarding the Full Rationality of Economic Agents

Tommaso Luzzati ()

Journal of Institutional and Theoretical Economics (JITE), 1999, vol. 155, issue 3, 567-

Abstract: This note reports a real case where individuals faced an apparently trivial choice, with no uncertainty involved. The data show that even in such a situation full rationality may fail to apply. Experimental replications along the lines of the present case might prove helpful for collecting data on rationality.

JEL-codes: C93 D10 D12 (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:mhr:jinste:urn:sici:0932-4569(199909)155:3_567:apoert_2.0.tx_2-4

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