This topic contains a solution. Click here to go to the answer

Author Question: The concept of bounded rationality advocated by March and Simon disregards the cognitive limitations ... (Read 108 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahchrapun

  • Sr. Member
  • ****
  • Posts: 332
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

  • Member
  • Posts: 667
Reply 2 on: Jul 7, 2018
Wow, this really help


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library