The "Good Enough" Perspective on Decision Making Is Known as ________

question 54

Multiple Choice

The "good enough" perspective on decision making is known as ________.

• A) bounded rationality
• B) framing
• C) a nudge
• D) default bias

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Definitions:

Polygraph Tests

Lie detector tests that measure physiological responses, like heart rate and sweat production, to questions in an attempt to determine truthfulness, although their accuracy is widely debated.

Sympathetic Nervous System

Part of the autonomic nervous system responsible for the body's fight or flight response.

Startle Reflex

An involuntary reaction to sudden or threatening stimuli, often characterized by quick physical movement away from the source.

Anxiety

A psychiatric state manifesting through severe worry, tension, or fright, affecting the ability to carry out day-to-day tasks.