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Author Question: The concept of bounded rationality advocated by March and Simon disregards the cognitive limitations ... (Read 106 times)

go.lag

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on: Jul 7, 2018
The concept of bounded rationality advocated by March and Simon disregards the cognitive limitations of the decision maker.
 
  Indicate whether the statement is true or false

Question 2

When individuals compare their inputs and outcomes against those of others, the applicable theory is called:
 
  A) needs hierarchy. B) expectancy.
  C) complimentary. D) equity.


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leahchrapun

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Reply #1 on: Jul 7, 2018
Answer to Question 1

FALSE
Explanation: March and Simon assert that decision makers are constrained by bounded rationality, an ability to reason that is limited by the capabilities of the human mind itself.

Answer to Question 2

D


go.lag

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

dreamfighter72

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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