Podcast
Questions and Answers
What is the process of identifying and choosing from alternative solutions that lead to a desired state of affairs?
What is the process of identifying and choosing from alternative solutions that lead to a desired state of affairs?
- Bounded Rationality
- Intuitive model
- Rational Decision-Making Model (correct)
- Satisficing
Which model involves decision makers being restricted by a variety of constraints when making decisions?
Which model involves decision makers being restricted by a variety of constraints when making decisions?
- Bounded Rationality (correct)
- Non-rational models
- Satisficing
- Intuitive model
What is 'good enough' to meet the minimum standards?
What is 'good enough' to meet the minimum standards?
- Satisficing (correct)
- Intuitive model
- Bounded Rationality
- Rational Decision-Making Model
What refers to judgment, insights, or decisions that come to mind without explicit awareness of the evoking cues and without explicit evaluation of the validity of those cues?
What refers to judgment, insights, or decisions that come to mind without explicit awareness of the evoking cues and without explicit evaluation of the validity of those cues?
Which subconscious application of learning is influenced by expertise?
Which subconscious application of learning is influenced by expertise?
What refers to the subconscious integration of information in memory for intuitive judgment?
What refers to the subconscious integration of information in memory for intuitive judgment?
Which type of knowledge is gained by experience but is difficult to articulate?
Which type of knowledge is gained by experience but is difficult to articulate?
What type of decision-making bias involves selective information gathering to confirm a pre-made decision?
What type of decision-making bias involves selective information gathering to confirm a pre-made decision?
What model assumes optimization and explains how people should make decisions?
What model assumes optimization and explains how people should make decisions?
What term describes decision makers being restricted by various constraints such as time, energy, and resources when making decisions?
What term describes decision makers being restricted by various constraints such as time, energy, and resources when making decisions?
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