Intuitive decision making complements rational decision making but not bounded rational decision making.

Name: Intuitive decision making complements rational decision making but not bounded rational decision making.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Intuitive decision making can complement both rational and bounded rational decision making. Bounded rationality acknowledges the limitations in decision-making processes, including time and cognitive constraints, where intuition can play a role in making decisions under such constraints.

Intuitive Decision Making Complements Rational Decision Making but Not Bounded