Bounded rationality in decision making, Computer Engineering

Assignment Help:

Q.What do you mean by the term 'bounded rationality in decision making'?

Maximizing the outcomes of a decision is an ideal stage. Habitually it is an impossible thing. The cause is our decisions are disturbed by lot of constraints to reduce the effect of these constraints few of our efforts become waste. Thus we can't reach maximum.


Related Discussions:- Bounded rationality in decision making

Write the benefits of broadcast model approach, a. Determine the non-functi...

a. Determine the non-functional system requirements that might be chosen for an application for a particular style and structures? b. Write the benefits of broadcast model appro

Difference between viewstate and sessionstate, What Is The Difference Betwe...

What Is The Difference Between ViewState and SessionState? View State persist the values of controls of certain page in the client (browser) when post back operation done. When

Details of load sharing facility resource management, Primary objectives/de...

Primary objectives/details of Load Sharing Facility Resource Management Software (LSFRMS) are better resource utilisation by routing task to most suitable system as well a better u

Explain essential properties of distributed operating system, Describe the ...

Describe the essential properties of the Distributed Operating System Essential properties of Distributed operating systems: Sharing resources Calculation speed-up

Decision trees - artificial intelligence, Decision Trees - Artificial intel...

Decision Trees - Artificial intelligence: Suppose you just ever do four things at the weekend: go shopping, watch a film, play tennis or just stay inside.  What you do depends

What are the requirements a dialog program must fulfill, What are the requi...

What are the requirements a dialog program must fulfill? A dialog program must fulfil the following requirements A user friendly user interface. - Format and consistency

Classification of digital computer, CLASSIFICATION  OF DIGITAL COMPUTER ...

CLASSIFICATION  OF DIGITAL COMPUTER Computer are classified under a number of factors.Some people classify them according to their processing speed.main memory,technology used

Skip to line line number, The "SKIP TO LINE line number" is dependent on wh...

The "SKIP TO LINE line number" is dependent on which statement included in the report statement of the program. The "SKIP TO LINE line number" is dependent on "LINE-COUNT" stat

What is the role of a controller in an mvc application, The controller resp...

The controller responds to user interactions, with the application, by selecting the act method to implement and also selecting the view to render.

Modality and cardinality, Ask question #Midifference between cardinality an...

Ask question #Midifference between cardinality and modality nimum 100 words accepted#

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd