försiktighetsrationaler

Försiktighetsrationaler is a decision-making framework in economics and behavioral science that emphasizes cautiousness and risk aversion. It contrasts with classical rationality, which assumes individuals maximize utility in uncertain situations. Instead, försiktighetsrationaler prioritizes minimizing potential losses by focusing on worst-case outcomes, leading to more conservative choices.

In practice, this approach manifests in financial decisions, such as avoiding high-risk investments to prevent significant losses, or in policy-making, where governments may adopt cautious regulations to avoid economic crises. It reflects real-world behavior where individuals and organizations seek stability over maximizing gains.

The concept is rooted in behavioral economics, highlighting that people often weigh risks differently than traditional models predict, making försiktighetsrationaler a key lens for understanding decision-making under uncertainty.