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Perform the operation. Simplify the answer, if possible.
Lateral Thinking
A problem-solving approach that involves viewing problems from new and unconventional perspectives, often leading to creative solutions.
Bounded Rationality Model
A concept in decision-making theories that acknowledges the limitations of human cognitive abilities when making decisions.
Suboptimal Decision
A choice made that is not the best possible or most effective given the circumstances or available options.
Decision Making
Making decisions by determining a choice, obtaining information, and examining alternative approaches.
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