Examlex
Explain why the identification of a perpetrator involves such a high degree of error.How can we protect against this? Is the solution to do away with eyewitness identification?
Behavioural Decision Model
A concept in psychology that examines the decision-making processes individuals use, including biases, judgments, and social influences.
Limited Information
A condition in decision-making processes where all necessary data or details are not available to the decision-maker.
Bounded Rationality
A concept suggesting that the cognitive limitations of the mind, and the finite amount of time available, limit human decision-making capabilities.
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A situation where decision-makers do not have access to all the data or facts needed to make an informed decision.
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