_____ refers to the inability of decision makers to process all aspects of information so that the decision is made with a limited subset of information.
A)Post-decision dissonance
B)Groupthink block
C)Rational bias
D)Bounded rationality
E)Suboptimizing issuing

Question

Quizplus · Accepted Answer

Bounded rationality refers to the limited ability of decision makers to process information, resulting in a decision being made based on a subset of information rather than all available information.

_____ Refers to the Inability of Decision Makers to Process