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19 February, 14:21

Evaluating alternative options and choosing one option among them is called the theory of bounded rationality. true or false

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  1. 19 February, 15:11
    0
    Hello there.

    Evaluating alternative options and choosing one option among them is called the theory of bounded rationality. true or false

    False
  2. 19 February, 16:55
    0
    I believe the correct answer is false. Theory of bounded rationality is the concept that decision makers (irrespective of their level of intelligence) have to work under unavoidable constraints. Hope this answers the question. Have a nice day.
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