What are rational-economic models designed to do?

Rational-economic models are designed to maximize the use of information and choices in decision-making. These models rely on the assumption that individuals will make decisions that lead to the best possible outcome for themselves based on the available data and options. The focus is on logical reasoning, analysis of costs and benefits, and a structured approach to evaluating all possible alternatives before arriving at a decision.

In these models, decision-makers are viewed as fully informed and capable of weighing all relevant factors to achieve the most efficient and beneficial results. This approach is grounded in the concept of utility maximization, where choices are made to achieve the highest possible utility based on rational evaluation.

The other options do not accurately reflect the purpose of rational-economic models. For instance, maximizing subjective experiences or utilizing qualitative data focuses more on personal feelings and perceptions rather than objective decision-making processes. Simplifying decisions for faster resolutions does not align with the rational-economic perspective, which emphasizes thorough analysis and comprehensive evaluation before reaching a conclusion.