Where the Rational Model BreaksThe assumptions of standard theory, and the evidence against each.EconomicsAssumption and the finding against it.AssumptionEvidence againstStable preferencesPreferences reverse with framingUnlimited computationBounded rationality, heuristicsSelf-interest onlyFairness and reciprocity in gamesConsistent time preferencePresent bias and reversalsFull information useSystematic neglect of base ratesThe model remains useful as a benchmark. Its failures are systematicand predictable, which is what makes them modellable.Where the Rational Model Breakslearnposters.com
Where the Rational Model Breaks — printable business wall chart from LearnPosters. Free vector PDF, US Letter and A4.

What’s on the Where the Rational Model Breaks poster

A 5-row table: Assumption · Evidence against.

Assumption and the finding against it.

The model remains useful as a benchmark. Its failures are systematic and predictable, which is what makes them modellable.

Questions about the Where the Rational Model Breaks poster

What’s on the Where the Rational Model Breaks poster?
A 5-row table: Assumption · Evidence against. Assumption and the finding against it. Stable preferences — Preferences reverse with framing; Unlimited computation — Bounded rationality, heuristics; Self-interest only — Fairness and reciprocity in games; Consistent time preference — Present bias and reversals; Full information use — Systematic neglect of base rates. The model remains useful as a benchmark. Its failures are systematic and predictable, which is what makes them modellable.
Who is the Where the Rational Model Breaks poster for?
Where the Rational Model Breaks belongs to the Economics section rather than to a school year, because business is not something one grade owns. Anyone learning behavioural economics can pin it up — a beginner, a student mid-course, or someone revising years later.
When should you use the Where the Rational Model Breaks poster?
The model assumes consistent preferences and unlimited computation. People have neither. A wall chart earns its place by being glanceable from where the work is happening, so Where the Rational Model Breaks belongs on the wall where that business work actually happens, within glancing distance, rather than filed away.
What other posters go with Where the Rational Model Breaks?
Shortcuts in Economic Choice, Critiques of Behavioural Economics and Behavioural Finance sit alongside Where the Rational Model Breaks in the Economics section. Printed together they make a wall rather than a single sheet, which is how a reference set actually gets used.Shortcuts in Economic ChoiceCritiques of Behavioural EconomicsBehavioural Finance
Is the Where the Rational Model Breaks poster free to download and print?
Yes. Where the Rational Model Breaks downloads as a free PDF with no account, no email and no watermark, like everything else in the Economics section. Print as many copies as you like for a home, a classroom, a library or a tutoring group; reselling the file is the only thing the licence rules out.Read the licence
What size does the Where the Rational Model Breaks poster print at?
Where the Rational Model Breaks is a vector PDF laid out for US Letter, and prints on A4 with Fit to page — the same file, no separate download. Because every mark on it is drawn rather than photographed, it stays sharp enlarged to A3, A2 or A1 at a copy shop. Colour carries emphasis only, so a greyscale print of Where the Rational Model Breaks loses nothing.Printing guide

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