Examlex
Which of the following was in short supply as of 2005 as a result of the rapid development of businesses and factories in urban China?
Herbert Simon
An American economist, political scientist, and cognitive psychologist known for his research in the fields of decision-making and artificial intelligence, including the concept of "bounded rationality."
Assumptions
Accepted beliefs or statements taken to be true without proof, often serving as starting points for reasoning and decision-making processes.
Shortcuts
Methods or paths taken to simplify tasks, increase efficiency, or expedite processes.
Decision-Making Efficiency
The effectiveness and speed with which decisions are made, often emphasizing the quality of outcomes with minimal time and resources.
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