Service

Chat Now

When decision makers construct simplified models that extract the essential features

When decision makers construct simplified models that extract the essential features

 When decision makers construct simplified models that extract the essential features from a problem without capturing all the complexities of a problem, they are acting under which of the following?

[A] Bounded rationality 

[B] Unbounded rationality 

[C] Uncertainty

[D] Heuristics  Show 

Liam Smith 30-Nov-2017

Answer (Solved)

question Get solution