Which of the following is a decision-making theory that accounts for process and outcome of decisions through a two-stage analytic model that incorporates cognitive approaches with rational choice expectations?
A)irrational choice
B)theory of risky prospects
C)poliheuristic theory
D)affective intelligence theory

Question

Quizplus · Accepted Answer

Poliheuristic theory is a decision-making theory that combines cognitive processes with rational choice principles, analyzing decisions in a two-stage model where the first stage eliminates options based on a non-compensatory principle (usually political), and the second stage applies a more traditional cost-benefit analysis. This approach acknowledges the complexity of decision-making by incorporating both the process and outcome of decisions.

Which of the Following Is a Decision-Making Theory That Accounts