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Hank is getting an insulin pump.Where will it be placed?
Bounded Rationality
The idea that we are restricted by a variety of constraints when making decisions.
Bounded Rationality
A concept that decision-makers are limited by the information they have, their cognitive limitations, and the finite amount of time they have to make a decision.
Essential Rationality
The inherent human capacity to think logically and make decisions based on reason and critical thinking.
Programmed Decisions
Decisions made using a rule, policy, or procedure for routine or repetitive problems that have been encountered before.
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