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What are some perceptual biases

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Reference no: EM132864411

Can anyone answer the following questions:

What are some of the problems that can occur along the stages of the rational decision-making approach that will cause decision outcomes to be less than optimal?

What is bounded (imperfect) rationality?

What is satisficing? What is subjective expected utility? Heuristics?

What are some perceptual biases that may occur in decision making?

Reference no: EM132864411

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