bn:03566199n
Noun Concept
Categories: Behavioral economics, Cognitive biases, Game theory, Rational choice theory
EN
bounded rationality  Bounded rationalityt  Hyper-rational  Hyper-rationality  Hyperrational
EN
Bounded rationality is the idea that rationality is limited when individuals make decisions, and under these limitations, rational individuals will select a decision that is satisfactory rather than optimal. Wikipedia
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EN
Bounded rationality is the idea that rationality is limited when individuals make decisions, and under these limitations, rational individuals will select a decision that is satisfactory rather than optimal. Wikipedia
The idea that human rationality in decision-making is bounded by the available information, the cognitive limitations, and the time available to make the decision Wikipedia Disambiguation
The idea that rationality is limited by the tractability of the decision problem, the cognitive limitations of the mind, and the time available to make the decision Wikidata