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

Same reg variable in an always block, What value is inferred when multiple ...

What value is inferred when multiple procedural assignments made to the same reg variable in an always block? When  there  are  multiple  nonblocking  assignments  made  to  th

Effect of tree supply on death rate, The effect of tree supply on death ra...

The effect of tree supply on death rate depends upon a ratio comparing the number of trees that are actually available per person per year to the desired number of trees per pers

Explain biometric systems, Explain Biometric Systems Biometrics is the ...

Explain Biometric Systems Biometrics is the science of measuring physical properties of living beings. Biometric Authentication (1) Biometric authentication is the aut

What are the disadvantages of bespoke software, What are the disadvantages ...

What are the disadvantages of Bespoke Software -  Very dependent on suppliers of the software; if they go out of business there would be little or no support if problems occ

Control traffic flowing in and out of the network, Firewalls use one or mor...

Firewalls use one or more of three methods to control traffic flowing in and out of the network:  Packet filtering - Packets (small chunks of data) are examined against a s

Define about hyper-threading technology, Q. Define about Hyper-threading te...

Q. Define about Hyper-threading technology? Hyper-threading technology enables a single microprocessor to behave as two separate threaded processors to operating system and app

Explain working of intranet, Intranets are mainly "small" Internets. They u...

Intranets are mainly "small" Internets. They use same network facilities that Internet does, though access is restricted to a limited sphere. For example, a company can set up an i

Function of osi transport layer, Q. Function of OSI Transport Layer? - ...

Q. Function of OSI Transport Layer? - It takes the information to be sent as well as breaks it into individual packets that are sent and reassembled into a complete message by

Find fiber distributed data interconnect is an example of, FDDI (Fiber Dist...

FDDI (Fiber Distributed Data Interconnect) is an example of? Fiber Distributed Data Interconnect is an illustration of token ring.

What are sewing kits, What are Sewing Kits? Sewing Kits are modules whi...

What are Sewing Kits? Sewing Kits are modules which contain a not used mix of gates, any other cells or flip-flops considered potentially helpful for an unforeseen metal fix. W

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