You are starting your senior year of college and look forward to graduation in May.An important task at hand is selecting courses for your final year of study.All but two of your courses are electives.Your course selections will most likely be made based on the:
A)garbage can model
B)irrational model
C)random model
D)bounded rationality model

Question

Quizplus · Accepted Answer

The bounded rationality model suggests that individuals make decisions based on their limited resources, such as time and information. In this scenario, the individual has limited course options as only two are required courses. The individual will have to weigh the pros and cons of each elective and make the best decision based on the information and time they have available. The garbage can model suggests decisions are made in a chaotic and random manner, the irrational model suggests that emotions and biases play a large role in decision making, and the random model suggests that decisions are made without any thought or consideration.

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