According to the concept of bounded rationality,decision makers are limited by
A)less than complete information.
B)their values.
C)their habits.
D)limited time.
E)All of these.

Question

Quizplus · Accepted Answer

The concept of bounded rationality suggests that decision makers are limited by a number of factors, including limited information, personal values and beliefs, habitual thinking patterns, and time constraints. Therefore, all of these choices are the best options.

According to the Concept of Bounded Rationality,decision Makers Are Limited