Examlex
Explain what net income and what taxes can have on a manager's decision?
Janet Werker
A researcher known for her studies in developmental psychology, especially in the field of language acquisition in infants.
Bounded Rationality
A concept suggesting that decision-making is limited by the information available, cognitive limitations of the mind, and the finite amount of time available to make a decision.
Herbert Simon
An American economist and cognitive psychologist known for his research in the fields of decision-making and problem-solving, notably the concept of bounded rationality.
Behavioural Economic Theory
An approach combining psychological insights with economic theory to predict and understand human decision-making.
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