According to the concept of bounded rationality, capital availability is an internal constraint that reduces rational decision making.

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Bounded rationality represents the notion that decision makers are "bounded" or restricted by a variety of constraints when making decisions. These constraints include any personal characteristics or internal and external resources that reduce rational decision making. External resources include things the organization cannot directly control such as employment levels in the community, capital availability, and government policies.

According to the Concept of Bounded Rationality, Capital Availability Is