Question: Describe bounded rationality. ANSWER Unselected Making logical and consistent choices to maximize value Unselected Making decisions on the basis of experience, feelings, and accumulated judgment

Describe bounded rationality.
ANSWER
Unselected
Making logical and consistent choices to maximize value
Unselected
Making decisions on the basis of experience, feelings, and accumulated judgment
Unselected
Decision making thats rational, but limited by an individuals ability to process information
Unselected
Accepting solutions that are good enough

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