Social Studies, 15.11.2019 00:31 bob5266

The concept of bounded rationality suggests that we are likely to
a. not have the ability or resources to process all available information and alternatives to make an optimal decision.
b. evaluate all alternatives simultaneously.
c. pick the alternative that minimizes value.
d. use accurate information to evaluate alternatives.
e. develop an exhaustive list of alternatives to consider as solutions.

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The concept of bounded rationality suggests that we are likely to
a. not have the ability or...

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