Economics A Level (DONEEEEEEE): How does Behavioural Economic challenge the ‘Total Self Control’ Theory

Question

How does Behavioural Economic challenge the ‘Total Self Control’ Theory

eric_galvao · Accepted Answer

-Individuals have Limits on Self Control - Bounded Self-Control. 
-Consumer has Limited Control to Quit Smoking, even if Smoking doesn’t Maximise Utility [Addiction]

Economics A Level (DONEEEEEEE)

How does Behavioural Economic challenge the ‘Total Self Control’ Theory

-Individuals have Limits on Self Control - Bounded Self-Control. -Consumer has Limited Control to Quit Smoking, even if Smoking doesn’t Maximise Utility [Addiction]

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