Posted: September 13th, 2017
� Provide a detailed description of the rationality debate.
� Outline and evaluate the contribution of 1) Dual-process theory, 2) Bounded-unbounded rationality and 3) Behavioural economics.
� Outline and evaluate some empirical research on rationality.
The general requirement for a good answer is to:
� Be well-written, showing evidence of sound argument and critical insight.
� Show reading of relevant recent research and an ability to integrate this research into the answer in a well-structured manner.
� Identify contradictory findings and/or gaps in literature
� Integrate findings from the different theories, e.g. dual process, argumentative, normative, bounded-unbounded rationality, and behavioural economics.
� Discuss research and theory
� Evaluate the empirical research you present
� Consider how it tests theories
� Is it consistent with other research in the area
� Evaluate theories
� How do they differ from rival theories
� What evidence supports them
� Directly relate each piece of research and each theory to the question of rationality (does it suggest we are [ir]rational and why).
� *Include a wide range of sources � primarily journal articles.
� Argue for a position and then take the opposite perspective � what would someone say if they wanted to prove you wrong.
� Side with the evidence and weight of argument
A good macro level
A good micro level
ESSAY (TOTAL 2750 words)
INTRODUCTION (250 words)
� General intro to the rationality debate.
BODY (2250 words total). Try to have a smooth transition between the paragraphs)
� PARAGRAPH 1. Dual-process theory (750 words)
o (Does it suggest we are rational or irrational and why).
� PARAGRAPH 2. Bounded-unbounded rationality (750 words)
o (Does it suggest we are rational or irrational and why).
� PARAGRAPH 3. Behavioural economics (750 words)
o (Does it suggest we are rational or irrational and why).
Place an order in 3 easy steps. Takes less than 5 mins.