Examlex
Major events in Earth's history, such as major extinctions, determine the boundaries between the intervals in the geologic time scale.
Cognitive Limitations
Refers to the constraints on human information processing, including limited memory and attention capacity.
Perfectly Rational
Refers to a theoretical condition in decision-making where individuals make decisions by fully optimizing and considering all available information and potential outcomes.
Ambiguous Situations
Scenarios that lack clarity and can be interpreted in multiple ways.
Satisficing
A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution.
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