The decision to tip a server is a (n) : example of behavior based on risk aversion. rational decision if the person leaving the tip is concerned about fairness. irrational economic decision because it reduces the economic payoff of the tipper. example of decision making using bounded rationality.
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Home » Mathematics » The decision to tip a server is a (n) : example of behavior based on risk aversion. rational decision if the person leaving the tip is concerned about fairness. irrational economic decision because it reduces the economic payoff of the tipper.