__________Decisions Are Boundedly Rational Decisions

question 66

Short Answer

__________decisions are boundedly rational decisions.

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Definitions:

Observational Learning

The process of learning behaviors by watching and imitating others, also known as modeling.

Operant Conditioning

The technique by which learning adjusts the vigor of an action through the employment of reinforcement or discouragement.

Classical Conditioning

Education that takes place by associating an environmental cue with a naturally existing stimulus.

Positive Reinforcers

Stimuli that, when presented after a behavior, increase the likelihood of that behavior being repeated.