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Bounded rationalityis based onthreemain limitations that result in sub-optimal decision making: 1. Cognitive Limitations, 2. Imperfect Information, and 3. Time Constraints Cognitive limitation refers to our inability as humans to process information in an optimal manner.
Seven persons A, B, C, D, E, F and G are sitting in a straight line facing north. Who among the following sits second to the left of D?
I) Ther...
J, K, L, M and N are sitting around a circular table, facing the centre. Who is on the immediate left of L?
I. J sits between K and N. L is on th...
Who among Tarun, Shubham, Jaideep and Rachit is the tallest?
I. Rachit is shorter than Jaideep, who is not as tall as Shubham.
II. Jaideep...
Seven persons namely – Reena, Heena, Gautam, Ziyana, Hari, Rohit and Jyoti are sitting in a row not necessary in same order in such a way that some a...
How is A related to B?
I C has only two kids A & B and is father-in-law of D who is brother-in-law of B
II R is brother-in-law of A ...
On which day does Amrish took his leave?
I) Amrish does not took his leave on Wednesday.
II) Amrish took his leave either on Monday...
Eight boxes M, N, O, P, Q, R, S and T are kept one above the other, such that the bottommost box is numbered as 1, the box above it is numbered as 2 and...
Six boxes P, Q, W, Y, Z and F are kept one above one another such that bottommost box is numbered as 1 while the topmost box is numbered as 6. Which bo...
What is the difference between the ages of Rekha and Beenu?
Seven person namely – A, B, C, D, E, F and G are sitting in a row facing north. Each person likes different colour viz. White, Black, Red, Green, Ora...
