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Social Studies, 10.10.2019 17:30 thesean87
Most people respond to a complex problem by reducing it to a level they can readily understand. many problems don't have an optimal solution because they are too complicated to fit the rational decision making model, so people satisficelong dash—they seek solutions that are satisfactory and sufficient. if you were to make a decision by reducing it to a level you can readily understand, you would be experiencing : - rational decision making- intuition- bounded rationality- habitizing- overconfidence bias
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