Bounded rationality in decision making, Computer Engineering

Assignment Help:

Q.What do you mean by the term 'bounded rationality in decision making'?

Maximizing the outcomes of a decision is an ideal stage. Habitually it is an impossible thing. The cause is our decisions are disturbed by lot of constraints to reduce the effect of these constraints few of our efforts become waste. Thus we can't reach maximum.


Related Discussions:- Bounded rationality in decision making

what is polymorphism in c++, Polymorphism in C++ is the idea that a base c...

Polymorphism in C++ is the idea that a base class can be inherited by various classes. A base class pointer can point to its child class and a base class array can store dissimilar

Smugglers problem, #question.Smugglers are becoming very smart day by day. ...

#question.Smugglers are becoming very smart day by day. Now they have developed a new technique of sending their messages from one smuggler to another. In their new technology, the

Show data representation for computation, Binary codes exist for any fundam...

Binary codes exist for any fundamental representation. Binary codes can be created for any set of discrete elements for example colors, spectrum, musical notes, chessboard position

Describe real and protected mode, Describe Real and protected mode: Op...

Describe Real and protected mode: Operation of Real mode interrupt:   When microprocessor completes executing the current instruction, it concludes whether an interrupt is act

Define entry section and exit section, Define entry section and exit sectio...

Define entry section and exit section. The critical section problem is to design a protocol that the processes can use to cooperate. Every process must request permission to e

A graph ''g'' with ''n'' nodes is bipartite, A graph 'G' with 'n' nodes is ...

A graph 'G' with 'n' nodes is bipartite if it have  no cycle of odd length.

Breadth first search, Breadth First Search: Given a set of operators o...

Breadth First Search: Given a set of operators o1, ..., on in a breadth first search, every time a new state is reached, an action for each operator on  s  is added to the bot

What are the concerns for growth of e-commerce in india, What are the conce...

What are the concerns for growth of e-commerce in India? Government as Facilitator for the growth of e-commerce has taken following steps: a. Promotion of competitive dataco

Explain the product of sum form - standard forms, Explain the Product of Su...

Explain the Product of Sum Form - standard forms? The POS is the Boolean Expression containing OR terms, called as sum terms. The product denotes ANDing of these terms. F= (

What is an operating system, What is an operating system?  An operating...

What is an operating system?  An operating system is a program that handles the computer hardware. It acts as an intermediate among users of a computer and the computer hardwar

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd