Examlex
Put the different perspectives in the chronological order in which they were developed, oldest to most current.
a.
Quantitative
b.
Classical
c.
Integrating
d.
Behavioral
1.
Developed 1st
2.
Developed 2nd
3.
Developed 3rd
4.
Developed 4th
Heuristics
Simple, efficient rules, either hardwired by evolutionary processes or learned, which help individuals make decisions, come to judgments, and solve problems when facing complex situations or incomplete information.
Rational Model
A decision-making model that assumes individuals will make decisions based on logical analysis, aiming to maximize outcomes by evaluating all possible alternatives.
Preferences
Individual or collective tastes, inclinations, or choices that dictate behavior or decision-making processes.
Z Problem-solving Model
A structured approach to problem-solving that involves examining different aspects and perspectives of an issue before making a decision.
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