According to the concept of bounded rationality, decision makers are limited by _________.
A)their habits
B)time
C)less than complete information
D)all of the above

Question

Quizplus · Accepted Answer

Bounded rationality suggests that decision-makers are limited by their habits, the time available to make a decision, and the information they have, which is often less than complete.

According to the Concept of Bounded Rationality, Decision Makers Are