9 2 7 ▁birth s ▁Category : 2 0 0 3 ▁death s ▁Category : Ital ian ▁football ers ▁Category : Ser ie ▁A ▁players ▁Category : Ser ie ▁B ▁players ▁Category : Inter ▁Milan ▁players ▁Category : T or ino ▁F . C . ▁players ▁Category : U . S . ▁Aless and ria ▁Cal cio ▁ 1 9 1 2 ▁players ▁Category : Associ ation ▁football ▁for wards <0x0A> </s> ▁Low ▁information ▁rational ity ▁is ▁a ▁social ▁theory ▁that ▁states ▁that ▁people ▁are ▁information ▁consum ers ▁with ▁limited ▁benefits ▁and ▁time ▁for ▁processing ▁and ▁understanding ▁information . ▁Due ▁to ▁the ▁limited ▁benefits ▁and ▁time ▁individuals ▁have ▁for ▁learning ▁new ▁information , ▁individuals ▁use ▁various ▁shortcut s ▁and ▁he ur istics ▁to ▁understand ▁information ▁more ▁quickly . ▁Sim ply ▁put , ▁it ▁does ▁not ▁make ▁sense ▁for ▁the ▁average ▁individual ▁to ▁develop ▁in - depth ▁understand ings ▁of ▁most ▁issues . ▁The ▁theory ▁is ▁often ▁used ▁to ▁explain ▁the ▁limited ▁understanding ▁of ▁politics ▁and ▁scientific ▁techn ologies ▁by ▁the ▁general ▁public . ▁ ▁Ass um ptions ▁The ▁concept ▁of ▁low - information ▁rational ity ▁is ▁based ▁on ▁the ▁assumption ▁that ▁human ▁be ings ▁are ▁cogn itive ▁mis ers ▁and ▁minim ize ▁the ▁economic ▁costs ▁of ▁making ▁dec isions ▁and ▁forming ▁att itudes . ▁Most ▁citizens ▁will ▁therefore ▁not ▁bother ▁to ▁develop ▁an ▁in - depth ▁understanding ▁of ▁political ▁or ▁scientific ▁issues , ▁which ▁would ▁require ▁significant ▁time ▁and ▁effort . ▁R ather , ▁they ▁collect ▁only ▁as ▁much ▁information ▁as ▁they ▁think