Multiple Choice
According to Simon's theory of bounded rationality, people tend to use
A) simple strategies in decision making that focus on only a few facets of available options and often result in irrational decisions that are less than optimal.
B) complex strategies in decision making that focus on multiple facets of available options and often result in irrational decisions that are less than optimal.
C) simple strategies in decision making that focus on multiple facets of available options and often result in rational decisions that are optimal.
D) complex strategies in decision making that do not focus clearly on enough facets of available options and often result in irrational decisions that are less than optimal.
Correct Answer:

Verified
Correct Answer:
Verified
Q178: When your initial attempts to solve a
Q179: In the first half of the 20th
Q180: Esmeralda wants to use her roommate's computer
Q181: Correlations between students' IQ scores and their
Q182: The belief that an event is more
Q184: Which of the following statements corresponds MOST
Q185: If a psychological test measures what it
Q186: What special opportunities or problems are connected
Q187: Creativity tests are _ in predicting the
Q188: Since one of the main goals of