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

Collision free network, Hello Sir/Mam, Actually i am trying to implement th...

Hello Sir/Mam, Actually i am trying to implement the concept of MAC layer protocols in NS2..... But unfortunately i am not able to do that.... and not even able to get the code fo

Determine octant to hexadecimal conversion, What is the Octant to hexadecim...

What is the Octant to hexadecimal conversion of 734 ? Ans. (734) 8      = (1 D C) 16 0001 ¦ 1101 ¦ 1100 1         D         C

the entire pcd division, Will executing  SAP R/3 across the entire PCD div...

Will executing  SAP R/3 across the entire PCD division give the division with a competitive benefit?  Clarify  your answer carefully.

Explain about instruction cycle, Q. Explain about Instruction Cycle? Th...

Q. Explain about Instruction Cycle? The instruction cycle for this provided machine comprises four cycles. Presume a 2-bit instruction cycle code (ICC). The ICC can represent t

What is the use and function of file transfer protocol, What is the use and...

What is the use and function of File Transfer Protocol? FTP : File Transfer Protocol (FTP) is the protocol used upon the Internet for sending files and is usually used fo

Applications of thermodynamics, Discuss the applications of thermodynamics ...

Discuss the applications of thermodynamics in field of energy technology Sol: Thermodynamics has wide applications as basis of thermal engineering. Nearly all process and engi

Explain 100 line exchange with selector finder, Explain 100 line exchange w...

Explain 100 line exchange with selector finder. Design: In place of 100 two-motion selectors as in the case of Design 3, suppose we consider only 24 two-motion selectors. Whe

What is meant by hide area, What is meant by hide area? The hide comman...

What is meant by hide area? The hide command temporarily kept the contents of the field at the present line in a system-controlled memory called as the HIDE AREA.  At an intera

What do you mean by prototype, Q. What do you mean by Prototype? A prot...

Q. What do you mean by Prototype? A prototyping approach lay emphasis on the construction model of a system. Designing and building a scaled-down though functional version of a

How the information can be stored, In a RAM, information can be stored ? A...

In a RAM, information can be stored ? Ans. RAM is used by the user, number of times.

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