Which of the following is not an assumption of the rational model of decision making?
A) The decision maker uses a function to order preferences.
B) The decision maker has a goal to maximize or minimize.
C) The decision maker searches for less than optimal solutions.
D) The decision maker knows all alternatives and their results.

Question

Quizplus · Accepted Answer

The rational model of decision making assumes that the decision maker seeks the optimal solution rather than settling for less than optimal solutions, which contradicts choice C. This model is based on the premise of maximizing utility or benefit, given a set of known alternatives and outcomes.

Which of the Following Is Not an Assumption of the Rational