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S_A_V [24]
3 years ago
11

Which term best characterizes a decision that has bounded rationality?

Social Studies
2 answers:
postnew [5]3 years ago
6 0

Answer:

Just good enough

Explanation:

Rationality limitation is a term used to describe situations where a person's decision making is limited because that person has information in limited quantities that is not sufficient to determine a full decision, so the decision is no longer fully rational. The term "just good enough" is a term that characterizes a decision that limits rationality. In this case, an individual did not have enough information to decide whether something is really good or bad, so the individual had to conclude that something is "just good enough."

ehidna [41]3 years ago
4 0
Just good enough is the term that has bounded rTionality
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This question is missing the options. I've found them online. They are the following:

A. response reinforcing

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Answer:

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Explanation:

It is natural for us to try to remain in a state of cognitive consistency in order to function mentally in the real world. Cognitive consistency is a state of harmony between our beliefs and our behaviors. On the other hand, <u>cognitive dissonance is the discomfort we feel when our beliefs and behaviors are not in harmony. That happens when we receive new information that goes against our previous belief.</u>

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kipiarov [429]

Answer:

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