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Home Q & A Board Humanities Religion and Philosophy
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cokierae1 cokierae1
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6 years ago
The Nobel Laureate Herbert Simon proposed a theory based on bounded rationality, which stated that
 
  a. because the world is finite, we have few choices to make.
  b. because we have limited knowledge, time, and resources to make decisions, sometimes achieving the best available may be better than the best possible.
  c. because we can reason, our decisions are always right.
  d. even though we live in communities, our decisions should benefit only us as individuals.
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6 years ago
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cokierae1 Author
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6 years ago
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