Which model recognizes and attempts to reduce the problems identified through the bounded rationality model?
A) evidence-based model
B) rational model
C) political model
D) ethical model

Question

Quizplus · Accepted Answer

The evidence-based model focuses on making decisions based on the best available, current, complete, and relevant evidence. It aims to reduce the limitations identified by the bounded rationality model, which suggests that individuals make decisions with limited information, limited time, and within the limits of their own cognitive capabilities. By emphasizing the use of evidence, this model seeks to mitigate these constraints and improve decision-making processes.

Which Model Recognizes and Attempts to Reduce the Problems Identified