Question: 36. Recognizing that the classical economic man's global rationality was unattainable in real life, Simon set out to bound the decision-making factors. Which strategies did


36. Recognizing that the classical economic man's global rationality was unattainable in real life, Simon set out to "bound" the decision-making factors. Which strategies did Simon suggest might reflect actual decision making practices: a. Simplify the pay-off function, e.g. acceptable or unacceptable b. Focus information gathering around initially promising alternatives c. Partial ordering of pay-offs, e.g. constraints on satisfactory pay-offs d. All of the above
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