Question: Bounded rationality says we are likely to Multiple Choice identify the problem by thoroughly examining the situation and considering all interested parties. pick the alternative
Bounded rationality says we are likely to
Multiple Choice
identify the problem by thoroughly examining the situation and considering all interested parties.
pick the alternative that maximizes value.
use accurate information to evaluate alternatives.
evaluate each alternative as soon as we think of it.
develop an exhaustive list of alternatives to consider.
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