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Bounded Rationality Means Solving Problems by Producing the Best Possible

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Bounded rationality means solving problems by producing the best possible solution based on a set of highly desirable conditions.


Definitions:

Cognitive Behavioral Therapy

A form of psychotherapy that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Negative Self-Talk

The practice of habitually responding to one's own achievements and mishaps with criticism and pessimism.

Emotional Problems

Difficulties related to managing and expressing feelings that affect a person's mental health.

Negative Self-Talk

Negative self-talk refers to the inner dialogue that brings down personal abilities or self-worth, often leading to decreased motivation and negative outcomes.

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