Millionaire Mode
Mathematical Models of Social Behavior
Question 1 of 12
Which of the following is a fundamental assumption of rational choice theory?
- Individuals are always rational and make optimal decisions.
- Individuals have perfect information about all available options.
- Individuals are always selfish and act in their own best interest.
- Individuals' preferences are transitive and complete.
Prize Money
15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000