What does the term bounded rationality mean in terms of decision-making? Provide supporting discussion and an example.

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What does the term “bounded rationality” mean in terms of decision-making? Provide supporting discussion and an example.

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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Posted Date: Aug 02, 2018 01:42 AM

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What does the term bounded rationality mean in terms of decision-making? Provide supporting discussion and an example.

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Bounded rationality is an ideology in decision making where their rationality is confined to the acc... View the full answer

Entrepreneurial Finance

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