Cristyguffey5676 Cristyguffey5676

25-03-2020
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Evaluating alternative options and choosing one option among them is called the theory of bounded rationality.

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True or false

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lyndalau86 lyndalau86

26-03-2020

Answer:

False

Explanation:

In psychology, the theory of Bounded rationality refers to the fact that, when faced with making decisions, people have a limited time to do so, have limited information and also their mind have limitations. This factors combined make the process of taking decisions more difficult to do.

Therefore, evaluating alternative options and choosing one among them is not the definition of the Theory of Bounded rationality

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Francessstromberg Francessstromberg

23-07-2020

Answer:

It is False

Explanation:

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