Examlex
Which country gives all of its citizens a choice between private doctors and hospitals and care in a system run directly by the government?
Limited Information Processing
A situation where the ability to interpret, analyze, and act upon information is constrained by cognitive or situational factors.
Satisficing
A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution.
Tacit Knowledge
Knowledge gained through personal experience and context, often difficult to articulate or transfer to others, as opposed to explicit knowledge which can be readily documented.
Intuition
The ability to understand something immediately, without the need for conscious reasoning.
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