Which of the following decision-making models is based on the belief that human behavior is often imperfect?
A)Rational
B)Emotional
C)Classical
D)Behavioral
E)Sequential

Question

Quizplus · Accepted Answer

The behavioral decision-making model is based on the idea that human behavior is not always rational or perfect, and that it can be influenced by biases, heuristics, emotions, and other factors. This model recognizes that people may not always make the best decisions, but rather are influenced by their cognitive limitations and environmental factors. Therefore, the behavioral model takes into account the actual behavior of decision-makers, rather than assuming that they always act rationally or logically.

Which of the Following Decision-Making Models Is Based on the Belief