Herbert Simon's Theory of Bounded Rationality Asserts That People's Reliance

question 110

True/False

Herbert Simon's theory of bounded rationality asserts that people's reliance on simple decision-making strategies often results in suboptimal decisions.

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Definitions:

Karyotype

A karyotype is the number and visual appearance of the chromosomes in the cell nuclei of an organism or species, used to look for chromosomal abnormalities.

Observable Trait

A characteristic or feature of an organism that can be seen or measured directly.

Deoxyribonucleic Acid

The molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Chromosomes

Rod-shaped portions of DNA that are organized in 23 pairs.