Evidence favoring the bounded rationality ?assumption

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Which of the following examples are used as evidence favoring the bounded rationality ?assumption?

A. When purchasing electric appliances such as?refrigerators, people sometimes buy the? lowest priced, energy-inefficient models even though the price savings often fail to compensate for higher future energy costs.

B. People who live in? earth quake or? flood-prone regions commonly purchase insurance against these events.

C. When purchasing electric appliances such as? refrigerators, people sometimes buy the? highest-priced models with expensive and extravagant features.

D. All of the above.

Reference no: EM13887813

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