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

Stack overflow causes, Stack overflow causes   (A) Hardware interrupt. ...

Stack overflow causes   (A) Hardware interrupt.  (B) External interrupt.  (C) Internal interrupt.   (D) Software interrupt. Stack overflow occurs whereas execution

What do you mean by numbering and addressing, What do you mean by numbering...

What do you mean by numbering and addressing? Numbering and Addressing: In data networks and telephone, the end equipments are more frequently single units than multiple dev

What is efi framework, The Extensible Firmware Interface (EFI) is a specifi...

The Extensible Firmware Interface (EFI) is a specification that defines a software interface among an operating system and platform firmware. EFI is intended as a significantly imp

How are connections managed in orbix connect, The Orbix Connect resource ad...

The Orbix Connect resource adapter is packaged as a standard J2EE Connector Architecture resource adapter archive (RAR) file, corbaconn.rar. The corbaconn.rar file having all the c

What is branch target, What is branch target? As a result of branch ins...

What is branch target? As a result of branch instruction, the processor fetches and implements the instruction at a new address called as branch target, instead of the instruct

Logical database is a database structure., In sense of Database Management ...

In sense of Database Management System (DBMS) LOGICAL DATABASE is a database Structure. False LOGICAL DATABASE is not a database Structure.

Explain transmission gate-based d-latch, The Transmission-Gate input is lin...

The Transmission-Gate input is linked to the D_LATCH data input (D), the control input to the Transmission-Gate is linked to the D_LATCH enable input (EN) and the Transmission-Gate

What is structured programming, What is structured programming? Structu...

What is structured programming? Structured Programming: means the collection of principles and practices that are directed toward developing right programs which are simple to

Write a bash shell script, Write a BASH/C shell script which takes name of ...

Write a BASH/C shell script which takes name of one or more files as a command line argument, and prints the following information for each file: owner, number of words in the file

Hiring problem algorithm, Consider the Hire Assistant problem. We interview...

Consider the Hire Assistant problem. We interview n candidates and always hire the best qualified so far. Let n = 5 for our example. Find the probabilities that we hire exactly 1 t

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