yairreyes01
yairreyes01
02.09.2020 • 
Mathematics

Economists prefer: measuring declared preferences for forecasting because participants in a survey always declare the truth. Measuring revealed preferences because it gives more accurate results. predicting individual behavior as it is easy to collect data from individuals. predicting individual behavior as it is easy to draw inferences from such data. measuring revealed preferences because cost-benefit analysis can be conducted with such data

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