Behavioral scientists are cautious about applying the classical decision model to many decision situations because they recognize that human beings have cognitive limitations that restrict their information-processing capabilities.

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Behavioral scientists argue that the classical decision model, which assumes that individuals have access to all relevant information and can process it rationally to make optimal decisions, does not account for human cognitive limitations. These limitations include bounded rationality, where individuals can only process a limited amount of information, leading to satisficing rather than optimizing decisions.

Behavioral Scientists Are Cautious About Applying the Classical Decision Model