Which of the following statements about the normative model of decision making is true?
A) It describes how people actually behave.
B) It is decision making using a rational model.
C) It is not the idealized decision-making model.
D) It is the actual, day-to-day decision-making model.

Question

Quizplus · Accepted Answer

The normative model of decision making is a prescriptive model that outlines how decisions should be made using a rational approach, rather than describing how people actually make decisions (A), nor is it a model that has been idealized or improved upon (C). It is not the actual, day-to-day decision-making model used by individuals (D).

Which of the Following Statements About the Normative Model of Decision