Examlex
The observation that people of different age groups differ in their values and experiences called ______.
Conception of the World
An individual or collective understanding and interpretation of the world around us, including beliefs about nature, society, and the universe.
Satisfice
To select the first alternative that is “good enough,” because the costs in time and effort are too great to optimize.
Bounded Rationality
A concept suggesting that individuals make decisions based on the limited information available to them and within the constraints of their cognitive capacity.
Optimizing
The process of making something as effective, perfect, or functional as possible, often by choosing the best option from a set of alternatives.
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