2 years ago

Evaluating alternative options and choosing one option among them is called the theory of bounded rationality.

1 answer:

5 0

It is false, bounded rationality is the idea that rationality is limited when individuals make decisions. ... Limitations include the difficulty of the problem requiring a decision, the cognitive capability of the mind, and the time available to make the decision.

But one thing, NEXT TIME TELL US THE QUESTION FIRST AND DON'T JUST LEAVE BLINDLY ASKING SOMETHING.

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4 years ago

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