Decision makers in international relations often act without access to complete information and operate under pressure. When, despite these deficiencies, the decision makers attempt to choose the best course of action, they are acting in a way consistent with which concept?
A)game theory
B)bounded rationality
C)asymmetric information
D)cognitive dissonance

Question

Quizplus · Accepted Answer

Bounded rationality is the concept that describes decision-making by individuals who attempt to make the best decision possible with the information available to them, despite the limitations of the information and the cognitive limitations of the mind. This concept acknowledges that while decision-makers aim to make rational choices, their ability to do so is constrained by the information they have, their cognitive limitations, and the finite amount of time they have to make a decision.

Decision Makers in International Relations Often Act Without Access to Complete