The _____ rests on the idea that there are constraints that force a decision maker to be less than completely rational.
A)rational model
B)truth-wins rule
C)bounded rationality model
D)two-thirds-majority rule

Question

The _____ rests on the idea that there are constraints that force a decision maker to be less than completely rational.​
A)​rational model
B)truth-wins rule​
C)bounded rationality model​
D)two-thirds-majority rule​

Quizplus · Accepted Answer

Bounded rationality model rests on the idea that there are constraints (such as time, information, cognitive limitations, etc.) that force a decision maker to be less than completely rational. The rational model assumes that a decision maker has perfect information, is able to process all information accurately and rationally, and is able to make the best decision possible. The truth-wins rule and two-thirds-majority rule are decision-making rules rather than models of decision-making.

The _____ Rests on the Idea That There Are Constraints