According to psychologists,human decision making often falls short of optimality because ______.
A)there is not enough information available to make a rational decision
B)one cannot be rational under conditions of uncertainty
C)the information available overwhelms the cognitive processes
D)rationality assumes a higher degree of intelligence than most people have

Question

Quizplus · Accepted Answer

Human decision making often falls short of optimality because the information available can overwhelm the cognitive processes, leading to bounded rationality where individuals make satisfactory rather than optimal decisions.

According to Psychologists,human Decision Making Often Falls Short of Optimality