Publication: Journal of Economic Education
Volume: Volume 19, No. 3
Issue: Summer 1988
Pages: pp. 209-216
Author(s): James D. Laney (North Texas State University)
Title: The Impact of Perceived Familiarity and Perceived Importance on Economic Reasoning in Time-Allocation Decisions
Abstract: Is rational-choice behavior a natural independent decision-making process or is it called upon only with sufficient information and training? Laney tests this proposition among high school seniors.