Behavioral economists criticize neoclassical models as being

A) messy and imprecise.
B) accurate but artificially elegant.
C) precise but inaccurate.
D) vague but accurate.

Neoclassical Models

Economic models that emphasize rationality, individual optimization, and equilibrium, focusing on how market mechanisms allocate resources efficiently.

Behavioral Economists

Researchers who study how psychological, emotional, and social factors affect economic decision-making.

Precise

Characterized by exactness and accuracy in expression or detail.